RATE Group | Bitcoin Cash – ABC, Litecoin and Ripple Daily Analysis – 18/08/19
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Bitcoin Cash – ABC, Litecoin and Ripple Daily Analysis – 18/08/19

18 Aug Bitcoin Cash – ABC, Litecoin and Ripple Daily Analysis – 18/08/19

Posted at 08:35h in Bitcoin News by

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Bitcoin Cash – ABC – Sees Red

Bitcoin Cash ABC fell by 1.33% on Saturday. Following on from a 1.69% fall from Friday, Bitcoin Cash ABC ended the day at $304.89.

A relatively range-bound start to the day saw Bitcoin Cash ABC recover from an early morning low $306.66 to an intraday high $311.31.

Bitcoin Cash ABC left the major support and resistance levels untested ahead of a bearish afternoon.

Succumbing to pressure from the broader market, Bitcoin Cash ABC slid to a late intraday low $300.1 before finding support.

The pullback saw Bitcoin Cash ABC come within range of the first major support level at $299.84.

At the time of writing, Bitcoin Cash ABC was down by 0.1% to $304.58. A bearish start to the day saw Bitcoin Cash ABC fall from a high $308.20 to an early morning low $304.58.

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

For the day ahead, a move back through to $305.50 levels would support a run at the first major resistance level at $310.77.

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