RATE Group | Bitcoin Cash ABC, EOS and Ethereum Daily Tech Analysis – 13/12/19
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Bitcoin Cash ABC, EOS and Ethereum Daily Tech Analysis – 13/12/19

Bitcoin Cash ABC, EOS and Ethereum Daily Tech Analysis – 13/12/19

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Bitcoin Cash – ABC

Bitcoin Cash ABC fell by 0.48% on Thursday. Following on from a 0.76% decline on Wednesday, Bitcoin Cash ABC ended the day at $206.25.

A choppy day saw Bitcoin Cash ABC fall from an intraday high $207.75 to an early morning intraday low $203.65.

Bitcoin Cash ABC came up against the first major resistance level at $207.73 before falling through the first major support level at $204.08.

Through the 2nd half of the day, Bitcoin Cash ABC managed to move back through to $207 levels before easing back. The first major resistance level limited the upside on the day.

At the time of writing, Bitcoin Cash ABC was up by 0.15% to $206.57. A mixed start to the day saw Bitcoin Cash ABC rise to an early morning high $207.24 before falling back.

Bitcoin Cash ABC left the major support and resistance levels untested early on.

For the Day Ahead

A move back through to $207 levels would support a run at the first major resistance level at $208.12.

Support from the broader market would be…

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