Bitcoin Cash is the winner today among all other top cryptocurrencies. Its rate has soared by 11.38% over the last day.
Although the rate of Bitcoin Cash has rocketed over the day, it is not going to go down fast. According to the chart, both lines of MACD are moving upward, suggesting a further price rise. Thus, trading volume is also increasing, which means that buyers are not going to sell BCH in a short-term scenario. Respectively, the price has all chances to get to the resistance at 0.0340 BTC before a correction.
Although the rate of Bitcoin Cash has rocketed over the day, it is not going to go down fast. According to the chart, both lines of MACD are moving upward, suggesting a further price rise. Thus, trading volume is also increasing, which means that buyers are not going to sell BCH in a short-term scenario. Respectively, the price has all chances to get to the resistance at 0.0340 BTC before a correction.
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