{"id":431602,"date":"2020-07-21T05:48:59","date_gmt":"2020-07-21T05:48:59","guid":{"rendered":"https:\/\/ktsl888.com\/?p=431602"},"modified":"2024-06-11T12:52:57","modified_gmt":"2024-06-11T12:52:57","slug":"bitcoin-cash-resistance-could-spark-a-strong-surge","status":"publish","type":"post","link":"https:\/\/ktsl888.com\/news\/bitcoin-cash-resistance-could-spark-a-strong-surge\/","title":{"rendered":"Bitcoin Cash Breaking This Confluence Resistance Could Spark a Strong Surge"},"content":{"rendered":"
Bitcoin cash price declined and retested the $220 support zone against the US Dollar. BCH is now consolidating and facing many hurdles near $226 and $230.<\/em><\/p>\n
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Bitcoin cash price tested the $220 support level and it is consolidating losses against the US Dollar.<\/li>\n
The price is currently facing a strong resistance near the $230 and $231 levels.<\/li>\n
There is a key bearish trend line forming with resistance near $226 on the 4-hours chart of the BCH\/USD pair (data feed from Kraken).<\/li>\n
The pair must clear the $230 resistance zone to start a fresh upward move in the near term.<\/li>\n<\/ul>\n