{"id":144284,"date":"2021-11-10T17:20:48","date_gmt":"2021-11-10T17:20:48","guid":{"rendered":"https:\/\/precoinnews.com\/?p=144284"},"modified":"2021-11-10T17:20:48","modified_gmt":"2021-11-10T17:20:48","slug":"bitcoin-cash-continues-its-recent-rally-and-uptrend-above-680","status":"publish","type":"post","link":"https:\/\/precoinnews.com\/crypto\/bitcoin-cash-continues-its-recent-rally-and-uptrend-above-680\/","title":{"rendered":"Bitcoin Cash Continues Its Recent Rally and Uptrend Above $680"},"content":{"rendered":"

Yesterday, Bitcoin Cash (BCH) rose to a high of $731 and then reversed. Today BCH has retraced to a low of $685 and has started a new uptrend. <\/strong><\/p>\n

Bitcoin Cash Price Long Term Analysis: Bearish<\/h2>\n

During the initial uptrend, buyers attempted to recapture the previous price level of $800. The previous price level was reached on September 6, but buyers faced fierce rejection at the recent high. <\/p>\n

Today, buyers have begun a new uptrend to break above resistance at $731. A break above current resistance will drive price towards the high at $800. However, the bullish momentum is unlikely to last as the market has reached the overbought area. However, if the overbought area holds, BCH will be rejected at the $800 high.<\/p>\n

Bitcoin Cash indicator display  <\/h2>\n

The recent retracement has seen the altcoin reach level 65 on the Relative Strength Index for period 14. The uptrend will continue if the price finds support above $680. Also BCH will rise if the price breaks the resistance line of the ascending channel and closes above it. BCH is below the 80% area of the daily stochastics. However, the stochastic bands are sloping upwards, indicating an uptrend. <\/p>\n

<\/p>\n

Technical Indicators<\/h3>\n

Key resistance zones: $800, $820, $840
Key support zones: $500, $480, $460<\/p>\n

What is the next move for Bitcoin Cash (BCH)?<\/h2>\n

Bitcoin Cash has completed a pullback to the downside. The retracement has eased as the price has found support above $680. Meanwhile, on November 9, a retracement candlestick tested the 78.6% Fibonacci retracement level. This retracement suggests that BCH will rise but reverse at the 1,272 Fibonacci extension or at $773.35. <\/p>\n

<\/p>\n

Disclaimer. This analysis and forecast is the personal opinion of the author and does not constitute a recommendation to buy or sell cryptocurrencies and should not be considered an endorsement of Coin Idol. Readers should do their own research before investing any money.<\/span><\/i><\/p>\n

Source: Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Yesterday, Bitcoin Cash (BCH) rose to a<\/p>\n","protected":false},"author":3,"featured_media":144283,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"\nBitcoin Cash Continues Its Recent Rally and Uptrend Above $680 - Pre Coin News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/precoinnews.com\/crypto\/bitcoin-cash-continues-its-recent-rally-and-uptrend-above-680\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bitcoin Cash Continues Its Recent Rally and Uptrend Above $680 - Pre Coin News\" \/>\n<meta property=\"og:description\" content=\"Yesterday, Bitcoin Cash (BCH) rose to a\" \/>\n<meta property=\"og:url\" content=\"https:\/\/precoinnews.com\/crypto\/bitcoin-cash-continues-its-recent-rally-and-uptrend-above-680\/\" \/>\n<meta property=\"og:site_name\" content=\"Pre Coin News\" \/>\n<meta property=\"article:published_time\" content=\"2021-11-10T17:20:48+00:00\" \/>\n<meta name=\"author\" content=\"mediabest\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/precoinnews.com\/wp-content\/uploads\/2021\/11\/Bitcoin-Cash-Continues-Its-Recent-Rally-and-Uptrend-Above-680.jpg\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"mediabest\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/precoinnews.com\/crypto\/bitcoin-cash-continues-its-recent-rally-and-uptrend-above-680\/\",\"url\":\"https:\/\/precoinnews.com\/crypto\/bitcoin-cash-continues-its-recent-rally-and-uptrend-above-680\/\",\"name\":\"Bitcoin Cash Continues Its Recent Rally and Uptrend Above $680 - Pre Coin News\",\"isPartOf\":{\"@id\":\"https:\/\/precoinnews.com\/#website\"},\"datePublished\":\"2021-11-10T17:20:48+00:00\",\"dateModified\":\"2021-11-10T17:20:48+00:00\",\"author\":{\"@id\":\"https:\/\/precoinnews.com\/#\/schema\/person\/ad0e9920e03d3b41c7ad02a18375d76a\"},\"breadcrumb\":{\"@id\":\"https:\/\/precoinnews.com\/crypto\/bitcoin-cash-continues-its-recent-rally-and-uptrend-above-680\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/precoinnews.com\/crypto\/bitcoin-cash-continues-its-recent-rally-and-uptrend-above-680\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/precoinnews.com\/crypto\/bitcoin-cash-continues-its-recent-rally-and-uptrend-above-680\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/precoinnews.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Crypto\",\"item\":\"https:\/\/precoinnews.com\/category\/crypto\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Bitcoin Cash Continues Its Recent Rally and Uptrend Above $680\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/precoinnews.com\/#website\",\"url\":\"https:\/\/precoinnews.com\/\",\"name\":\"Pre Coin News\",\"description\":\"precoinnews.com\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/precoinnews.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/precoinnews.com\/#\/schema\/person\/ad0e9920e03d3b41c7ad02a18375d76a\",\"name\":\"mediabest\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/precoinnews.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/f5f13cb3b94fc348d515c0951f6ca073?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/f5f13cb3b94fc348d515c0951f6ca073?s=96&d=mm&r=g\",\"caption\":\"mediabest\"}}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Bitcoin Cash Continues Its Recent Rally and Uptrend Above $680 - Pre Coin News","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/precoinnews.com\/crypto\/bitcoin-cash-continues-its-recent-rally-and-uptrend-above-680\/","og_locale":"en_US","og_type":"article","og_title":"Bitcoin Cash Continues Its Recent Rally and Uptrend Above $680 - Pre Coin News","og_description":"Yesterday, Bitcoin Cash (BCH) rose to a","og_url":"https:\/\/precoinnews.com\/crypto\/bitcoin-cash-continues-its-recent-rally-and-uptrend-above-680\/","og_site_name":"Pre Coin News","article_published_time":"2021-11-10T17:20:48+00:00","author":"mediabest","twitter_card":"summary_large_image","twitter_image":"https:\/\/precoinnews.com\/wp-content\/uploads\/2021\/11\/Bitcoin-Cash-Continues-Its-Recent-Rally-and-Uptrend-Above-680.jpg","twitter_misc":{"Written by":"mediabest","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/precoinnews.com\/crypto\/bitcoin-cash-continues-its-recent-rally-and-uptrend-above-680\/","url":"https:\/\/precoinnews.com\/crypto\/bitcoin-cash-continues-its-recent-rally-and-uptrend-above-680\/","name":"Bitcoin Cash Continues Its Recent Rally and Uptrend Above $680 - Pre Coin News","isPartOf":{"@id":"https:\/\/precoinnews.com\/#website"},"datePublished":"2021-11-10T17:20:48+00:00","dateModified":"2021-11-10T17:20:48+00:00","author":{"@id":"https:\/\/precoinnews.com\/#\/schema\/person\/ad0e9920e03d3b41c7ad02a18375d76a"},"breadcrumb":{"@id":"https:\/\/precoinnews.com\/crypto\/bitcoin-cash-continues-its-recent-rally-and-uptrend-above-680\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/precoinnews.com\/crypto\/bitcoin-cash-continues-its-recent-rally-and-uptrend-above-680\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/precoinnews.com\/crypto\/bitcoin-cash-continues-its-recent-rally-and-uptrend-above-680\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/precoinnews.com\/"},{"@type":"ListItem","position":2,"name":"Crypto","item":"https:\/\/precoinnews.com\/category\/crypto\/"},{"@type":"ListItem","position":3,"name":"Bitcoin Cash Continues Its Recent Rally and Uptrend Above $680"}]},{"@type":"WebSite","@id":"https:\/\/precoinnews.com\/#website","url":"https:\/\/precoinnews.com\/","name":"Pre Coin News","description":"precoinnews.com","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/precoinnews.com\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/precoinnews.com\/#\/schema\/person\/ad0e9920e03d3b41c7ad02a18375d76a","name":"mediabest","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/precoinnews.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/f5f13cb3b94fc348d515c0951f6ca073?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/f5f13cb3b94fc348d515c0951f6ca073?s=96&d=mm&r=g","caption":"mediabest"}}]}},"_links":{"self":[{"href":"https:\/\/precoinnews.com\/wp-json\/wp\/v2\/posts\/144284"}],"collection":[{"href":"https:\/\/precoinnews.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/precoinnews.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/precoinnews.com\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/precoinnews.com\/wp-json\/wp\/v2\/comments?post=144284"}],"version-history":[{"count":0,"href":"https:\/\/precoinnews.com\/wp-json\/wp\/v2\/posts\/144284\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/precoinnews.com\/wp-json\/wp\/v2\/media\/144283"}],"wp:attachment":[{"href":"https:\/\/precoinnews.com\/wp-json\/wp\/v2\/media?parent=144284"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/precoinnews.com\/wp-json\/wp\/v2\/categories?post=144284"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/precoinnews.com\/wp-json\/wp\/v2\/tags?post=144284"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}