- Bitcoin Cash price is holding minor gains late on Friday of some 1% in the session.
- BCH/USD bulls trying to defend the $300 price territory, given the downside pressures.
- A big area of demand can be seen running from $350 down the the psychological $300 level.
Spot rate: 349.78
Relative change: +2.14%
|Today last price||350.5138|
|Today Daily Change||4.7449|
|Today Daily Change %||1.37|
|Today daily open||345.7689|
|Previous Daily High||389.3355|
|Previous Daily Low||312.3489|
|Previous Weekly High||449.2051|
|Previous Weekly Low||380.4645|
|Previous Monthly High||516.9074|
|Previous Monthly Low||362.9877|
|Daily Fibonacci 38.2%||341.7578|
|Daily Fibonacci 61.8%||359.9266|
|Daily Pivot Point S1||308.9667|
|Daily Pivot Point S2||272.1645|
|Daily Pivot Point S3||231.98|
|Daily Pivot Point R1||385.9533|
|Daily Pivot Point R2||426.1377|
|Daily Pivot Point R3||462.94|
BCH/USD 60-minute chart
- Near-term price action has formed bearish flag structure, via the 60-minute.
BCH/USD daily chart
- Critical demand zone should be noted from $350-300, where buyers are preventing price from free-falling.
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