RATE Group | Bitcoin Cash ABC, EOS and Ethereum Daily Tech Analysis – 14/12/19
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Bitcoin Cash ABC, EOS and Ethereum Daily Tech Analysis – 14/12/19

14 Dec Bitcoin Cash ABC, EOS and Ethereum Daily Tech Analysis – 14/12/19

Posted at 06:49h in Ethereum News by

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Bitcoin Cash – ABC

Bitcoin Cash ABC rose by 1.88% on Friday. Reversing a 0.48% fall from Thursday, Bitcoin Cash ABC ended the day at $211.14.

A bearish start to the day saw Bitcoin Cash ABC fall to an early morning intraday low $205.68 before making a move.

Steering clear of the major support levels, Bitcoin Cash ABC rallied to a late afternoon intraday high $212.61.

The rally saw Bitcoin Cash ABC break through the first major resistance level at $208.12 and second major resistance level at $209.98.

At the time of writing, Bitcoin Cash ABC was up by 0.02% to $211.18. Within the first hour, Bitcoin Cash ABC rose from an early morning low $210.60 to a high $211.18.

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

For the Day Ahead

A move back through to Friday’s high $212.61 would support a run at the first major resistance level at $213.94.

Bitcoin Cash ABC would need the support of the broader market, however, to break back through to $212 levels.

Barring…

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