RATE Group | Bitcoin Cash – ABC, Litecoin and Ripple Daily Analysis – 09/11/19
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Bitcoin Cash – ABC, Litecoin and Ripple Daily Analysis – 09/11/19

09 Nov Bitcoin Cash – ABC, Litecoin and Ripple Daily Analysis – 09/11/19

Posted at 07:42h in Bitcoin News by

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Bitcoin Cash – ABC – Takes a Hit

Bitcoin Cash ABC tumbled by 4.67% on Friday. Following on from a 3.79% slide on Thursday, Bitcoin Cash ABC ended the day at $277.11.

A bullish start to the day saw Bitcoin Cash ABC rise to an early morning intraday high $294 before hitting reverse.

Falling well short of the first major resistance level at $304.32, Bitcoin Cash ABC slid to an early afternoon intraday low $270.

Bitcoin Cash ABC fell through the first major support level at $284.61 and the second major support level at $275.62. Of greater significance was a fall through the 23.6% FIB of $273.

Finding support late on, Bitcoin Cash ABC recovered to $281 levels before ending the day at sub-$280.

At the time of writing, Bitcoin Cash ABC was up by 0.8% to $279.34. A mixed start to the day saw Bitcoin Cash ABC fall to an early morning low $275.86 before striking a high $279.34.

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

For the day ahead, a move through to…

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