RATE Group | Bitcoin Cash – ABC, Litecoin and Ripple Daily Analysis – 15/11/19
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Bitcoin Cash – ABC, Litecoin and Ripple Daily Analysis – 15/11/19

15 Nov Bitcoin Cash – ABC, Litecoin and Ripple Daily Analysis – 15/11/19

Posted at 08:04h in Bitcoin News by

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Bitcoin Cash – ABC – Slides under Pressure

Bitcoin Cash ABC slid by 2.40% on Thursday. Following on from a 1.58% decline on Wednesday, Bitcoin Cash ABC ended the day at $277.60.

It was a mixed start to the day, with Bitcoin Cash ABC rising to an early morning intraday high $284.91 before hitting reverse.

Falling short of the first major resistance level at $292.66, Bitcoin Cash ABC slid to a late morning intraday low $272.74.

Bitcoin Cash ABC fell through the first major support level at $280.77 and the 23.6% FIB of $273.

Steering clear of the second major support level at $272.12, Bitcoin Cash ABC broke back through the 23.6% FIB going into the afternoon.

Through the 2nd half of the day, Bitcoin Cash ABC managed to briefly visit $279 levels before falling back.

Support at the 23.6% FIB of $273 prevented a more material sell-off in the 2nd half of the day.

At the time of writing, Bitcoin Cash ABC was down by 0.99% to $274.85. A bearish start to the day saw Bitcoin Cash ABC fall from an…

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