30/03/2018 · Bitcoin Cash Price Downside There was a lot of increase in selling pressure, resulting in a push below the $750 support in bitcoin cash price against the US Dollar. The price declined heavily and even broke the $700 level. A low was formed at $679 from where a minor correction was initiated.
Most altcoins are currently in the red after a market-wide decline, but Nano has surged over 6% in the Asian trading session.
With Bitcoin struggling to hold crucial levels, Tezos, Cardano and Litecoin have all seen similar dips.
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The following is a contributed article from a content partner of The general trading direction of bitcoin has been mixed.
Bitcoin Cash breaks $700 USD! Close. 225. Posted by. u/tim11395. 2 years ago. Archived. Bitcoin Cash breaks $700 USD! $710.89 latest price. About to come back to 0.1 Bitcoin Legacy. Edit: $800+!!!! 136 comments . share. save hide report. 85% Upvoted. This thread is archived. New comments cannot be posted and votes cannot be cast. Sort by. best. best top new controversial old q&a. View.
Bitcoin cash price is positioned nicely above the $700 support with positive signs against the US Dollar. There is a new declining channel formed with resistance near $740 on the hourly chart of the BCH/USD pair (data feed from Kraken). The pair must clear the $740 and $750 resistance levels to move further higher in the bullish zone.