RATE Group | Bitcoin Cash – ABC, Litecoin and Ripple Daily Analysis – 17/11/19
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Bitcoin Cash – ABC, Litecoin and Ripple Daily Analysis – 17/11/19

Bitcoin Cash – ABC, Litecoin and Ripple Daily Analysis – 17/11/19

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Bitcoin Cash – ABC – Finds Support

Bitcoin Cash ABC rose by 0.87% on Saturday. Partially reversing a 4.89% slide Friday, Bitcoin Cash ABC ended the day at $264.76.

It was a relatively bullish start to the day. Bitcoin Cash ABC rose from an early intraday low $262.48 to a late morning intraday high $267.00 before easing back.

Bitcoin Cash ABC left the major support and resistance levels untested before falling back to $263 levels.

A relatively range-bound second half of the day saw Bitcoin Cash ABC move back through to $265 levels before easing back.

At the time of writing, Bitcoin Cash ABC was flat at $264.76. A mixed start to the day saw Bitcoin Cash ABC rise to an early morning high $265.2 before easing back to a low $264.76.

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

For the day ahead, a move back through to $265 levels would support a run at the first major resistance level at $267.01

Support from the broader market would be needed, however…

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