Bitcoin Cash (BCH) has been treading a downward path since its brief surge in August.
After an 18% leap on August 29, BCH has been unable to keep the rhythm, falling below significant EMAs and retreating back to the trading range it has seen since August 17.
BCH’s 20-day EMA is currently $199.5, a beat ahead of the current price of $192. Additionally, the 50-day and 100-day EMAs, at $207.7 and $199 respectively, stand as dynamic resistances, towering over the present price level….
Read More: Is Bitcoin Cash Going to Zero? BCH Price Plummets 7.7% as New Bitcoin Startup Surges Past $300,000

 

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