{"id":554161,"date":"2023-10-05T05:43:01","date_gmt":"2023-10-05T05:43:01","guid":{"rendered":"https:\/\/uniquehot.com\/?p=554161"},"modified":"2024-06-11T14:29:53","modified_gmt":"2024-06-11T14:29:53","slug":"bitcoin-cash-price-support-220","status":"publish","type":"post","link":"https:\/\/uniquehot.com\/news\/bitcoin-cash-price-support-220\/","title":{"rendered":"Bitcoin Cash Price Won’t Go Down Quietly – Risk of Bounce Grows"},"content":{"rendered":"
Bitcoin Cash price is holding the key $220 support against the US Dollar. BCH seems to be aiming for a fresh increase unless there is a move below $220.<\/em><\/p>\n
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Bitcoin cash price is showing positive signs above the $220 level against the US Dollar.<\/li>\n
The price is trading above $220 and the 100 simple moving average (4 hours).<\/li>\n
There was a break below a key bullish trend line with support near $238 on the 4-hour chart of the BCH\/USD pair (data feed from Kraken).<\/li>\n
The pair could start a fresh increase unless there is a move below $220.<\/li>\n<\/ul>\n
Bitcoin Cash Price Holds Support<\/h2>\n
In the past few days, Bitcoin Cash price saw a steady decline from the $255 resistance zone. BCH declined below the $240 support to enter a short-term bearish zone, like Bitcoin<\/a> and Ethereum<\/a>.<\/p>\n