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Cryptopolitan 2021-09-16 05:56:21

Bitcoin cash price analysis: Bullish momentum regulates as price hovers near $641

TL;DR Breakdown Bitcoin cash price analysis reveals cryptocurrency is going bullish as per analysis.Price levels gain stability as price goes above $641.Support is fixed at $603 at the time of writing. The Bitcoin cash price analysis is giving us strong bullish signals for the day. The bullish tide has been very strong as the price levels are rising at a frequent and regular rate. The price is present at the $642 level which is quite an accomplishment for the buyers. Further advancement from the bullish side is to be expected as the support is stabilized below the $602 level. BCH/USD 1-day price chart: Bulls overcome bears after being grounded for a while The given one-day price chart for Bitcoin cash price analysis is depicting cryptocurrency value is going in a bullish direction. The day has been quite supportive for the buyers as more and more green candlesticks are securing their positions on the price chart. The price levels are rising slowly and right now the price value has reached the $642.15 level which is an appreciable recovery. The bulls are progressing at a very slow pace as the moving average (MA) is still ahead of the current price i.e. at $645.21. BCH/USD 1-day price chart. Source: TradingView The volatility, on the other hand, has which should be taken as a negative sign. The upper value of the Bollinger band is now $753 and its lower value is now present at the $578.35 mark. Lastly, the Relative Strength In...

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