Bitcoin Cash Is Stuck in a Range as the Market Shows the Stability of Price
Submitted by Anonymous (not verified) on Fri, 03/19/2021 - 16:31Today, March 19, 2021, Bitcoin Cash (BCH) is rising toward the $550 resistance zone.
Today, March 19, 2021, Bitcoin Cash (BCH) is rising toward the $550 resistance zone.
Today, Litecoin slumps to $196 low and immediately the bulls buy the dips to push LTC upward.
Since March 16, the bulls have been retesting the $0.48 resistance level consistently. Unfortunately, XRP will be repelled after each retest.
Following the rejection at the $2,000 overhead resistance, the selling pressure extended to the low of $1,740 on March 15.
Russian State Duma is planning on changing the taxation threshold for cryptocurrency transactions to cover more taxpayers dealing with digital asse
Despite a rebound above $1,700 support and subsequent breaking of the $1,800 resistance, the $2,000 overhead resistance could not be breached.
On March 14, BTC price rallied to $61,699 high but the bullish momentum could not be sustained above the $60,000 psychological price level.
Ethereum bulls have continued to sustain recent rallies despite the recent fall to the $1,700 support.
Bitcoin Cash is still fluctuating between $440 and $560 price levels.
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