• About
  • Advertise
  • Contact
Cryptopolitan
  • Home
  • News
    • Bitcoin
    • Binance
    • Ripple
    • Ethereum
    • Cardano
  • Guides
  • Regulation
  • Price Index
    • Bitcoin Price
    • Ethereum Price
    • Ripple Price
    • Cardano Price
    • Binance Coin Price
  • Research
  • Scam
  • Events
No Result
View All Result
Cryptopolitan
  • Home
  • News
    • Bitcoin
    • Binance
    • Ripple
    • Ethereum
    • Cardano
  • Guides
  • Regulation
  • Price Index
    • Bitcoin Price
    • Ethereum Price
    • Ripple Price
    • Cardano Price
    • Binance Coin Price
  • Research
  • Scam
  • Events
No Result
View All Result
Cryptopolitan
No Result
View All Result
Home News Bitcoin Cash News

Bitcoin Cash price returns to $300, what’s next?

Taha Farooqui by Taha Farooqui
July 31, 2020
in Bitcoin Cash News
2 min read
Bitcoin Cash price returns to $300, what's next?
586
SHARES
3.2k
VIEWS
Share on FacebookShare on Twitter

On the 31st of July, Bitcoin Cash price took a trip below the $290 mark after it had approached the $300 level on the 30th of July. The cryptocurrency returned above $296 as the day proceeded.

1-Day Bitcoin Cash price analysis

Bitcoin Cash price chart 1 - 31 July

Bitcoin Cash price chart by Trading View

RelatedPosts

BCH Price Prediction: Bitcoin Cash risks a price decline towards $500 as selling spree looms

Bitcoin bearish run feared as its value approaches $60000

Bitcoin Cash price prediction: BCH to $435 next, analyst

Bitcoin Cash price prediction: BCH to retest $528, analyst

At the time of writing, Bitcoin Cash traded at $297.26 US Dollars. The coin had hit the day’s lowest at $287.43.

Will BCH move towards $300 next?

The Trading View analyst Generation Forex is of the opinion that Bitcoin Cash is ready to make its next bullish move. The analyst believes that the cryptocurrency will rise past the $300 mark soon.

Bitcoin Cash price chart 2 - 31 July

Bitcoin Cash price chart by Trading View

The analyst drew an ascending trendline below the BCHUSD pair’s movement from the 28th of July. As per the analyst’s idea, Bitcoin Cash should lift off past the $300 level once it breaks past the $293 to $297 range, which is marked as a white box on the chart above.

The analyst suggested traders buy the cryptocurrency if the hourly candle in the chart closes above the white box.

What to expect from Bitcoin Cash price?

Scalper, the Trading View analyst, also highlighted an ascending trendline below the BCHUSD pair that starts from the 8th of March 2020.

Bitcoin Cash price chart 3 - 31 July

Bitcoin Cash price chart by Trading View

On the 27th of July, the BCHUSD pair moved above the 200-Day Moving Average, while the Relative Strength Index (RSI) shows an overbought coin on the daily charts. The blue ascending trendline indicates the support line for an ascending triangle, while the first resistance lay at the $270.9 level that BCH broke on the 27th of July.

Bitcoin Cash appears to be heading towards the $304.8 resistance, which can be considered as the resistance of the bigger ascending triangle pattern. Bitcoin Cash is expected to test the $304.8 resistance next; if it breaks past this resistance, then the cryptocurrency may see further gains.

Disclaimer: The information provided is not trading advice but an informative analysis of the price movement. Cryptopolitan.com holds no liability towards any investments based on the information provided on this page.

Taha Farooqui

Taha Farooqui

Taha specializes in copywriting & translating texts. He aims to cover cryptocurrencies & blockchain in both English and local dialects in the Middle Eastern regions. He has helped write, translate, and localize the material related to cryptocurrencies and blockchain.

Related Posts

BCH Price Prediction
Bitcoin Cash News

BCH Price Prediction: Bitcoin Cash risks a price decline towards $500 as selling spree looms

April 7, 2021
Bitcoin bearish
Bitcoin Cash News

Bitcoin bearish run feared as its value approaches $60000

March 11, 2021
Bitcoin Cash price prediction_ BCH to $435 next, analyst
Bitcoin Cash News

Bitcoin Cash price prediction: BCH to $435 next, analyst

February 2, 2021
Bitcoin Cash price prediction BCH to retest $528, analyst
Bitcoin Cash News

Bitcoin Cash price prediction: BCH to retest $528, analyst

January 21, 2021
Bitcoin Cash price prediction BCH correcting to $460, analyst
Bitcoin Cash News

Bitcoin Cash price prediction: BCH correcting to $460, analyst

January 20, 2021
Bitcoin Cash price prediction BCH to hit $600 again, analyst
Bitcoin Cash News

Bitcoin Cash price prediction: BCH to hit $600 again, analyst

January 19, 2021

Follow Us

  • 51k Fans
  • 8.3k Followers

Popular News

  • Ripple price prediction XRP blasts past $1.8392 as bulls relentlessly pursue $2.0

    Ripple price prediction: XRP blasts past $1.8392 as bulls relentlessly pursue $2.0

    881 shares
    Share 352 Tweet 220
  • Bitcoin crackdown could be coming – a warning from Kraken CEO

    797 shares
    Share 319 Tweet 199
  • XRP Price Prediction 2021, 2023, 2025, 2030

    717 shares
    Share 287 Tweet 179
  • Bitcoin price prediction: Swift rejection from $61k emboldens bulls

    699 shares
    Share 280 Tweet 175
  • Litecoin price prediction: LTC to climb to $300 resistance as bulls regain momentum

    693 shares
    Share 277 Tweet 173

Latest News

Ripple price prediction XRP blasts past $1.8392 as bulls relentlessly pursue $2.0

Ripple price prediction: XRP blasts past $1.8392 as bulls relentlessly pursue $2.0

April 13, 2021
Crypto adoption

Crypto adoption surge as Night club now accepts Bitcoin

April 13, 2021
Bitcoin endorsement

Bitcoin endorsement: Ex CIA director backs Bitcoin

April 13, 2021
Bitcoin

Bitcoin sets new ATH as price shoots past $62k

April 13, 2021
UNI Price Prediction

UNI Price Prediction: Uniswap might halt its upward trend before going for a new high at $38

April 13, 2021

Signup To The Daily Roundup

Get New Posts By Email:
Privacy Policy

Got a Story tip? Email Contact@Cryptopolitan.com

News

Guides
Bitcoin News
Blockchain News
Ethereum News
Industry News
Research News
Scam News
Regulation News
Exchange News

Binance News
Ripple News
Cardano News

Stay Connected

Facebook
Twitter
Telegram
Youtube

Company

About
Contact
Write for us
Advertise with us
Privacy Policy
Cookie Policy
Comment Policy
Editorial Policy
Terms and Conditions
Crypto Portfolio Tracker
Sitemap

Exclusive Partners of

Footer 1

Got a Story tip? Email Contact@Cryptopolitan.com

cryptopolitan 1

News

Guides
Bitcoin News
Blockchain News
Ethereum News
Industry News
Research News
Scam News
Regulation News
Exchange News
Bitcoin Price
Ethereum Price
Bitcoin Cash Price
Cardano Price
Dash Price

Stay Connected

Facebook
Twitter
Telegram
Youtube

Company

About
Contact
Write for us
Advertise with us
Privacy Policy
Cookie Policy
Comment Policy
Editorial Policy
Terms and Conditions
Crypto Portfolio Tracker

Cryptopolitan brings you quality Blockchain and Cryptocurrency news, ICO reviews, crypto technical analysis, and other unique news insiders. We cover Bitcoin news, altcoins news, blockchain projects news, ICO news, regulatory developments and the confluence of news on the leading blockchain technologies.

© 2021 Cryptopolitan. All rights reserved. Terms | Privacy

No Result
View All Result
  • Home
  • News
    • Bitcoin
    • Binance
    • Ripple
    • Ethereum
    • Cardano
  • Guides
  • Regulation
  • Price Index
    • Bitcoin Price
    • Ethereum Price
    • Ripple Price
    • Cardano Price
    • Binance Coin Price
  • Research
  • Scam
  • Events

Copyright © 2020 Cryptopolitan.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.