BCH’s downtrend was clearer on the hourly charts as the price formed lower highs. DOGE moved within a fixed channel and was likely to remain above $0.0054 over the coming sessions. Monero could be in for more losses as the on-chain metrics supported an extended bearish outcome.
Bitcoin Cash [BCH]
Source: BCH/USD, TradingView
On the daily time frame, Bitcoin Cash seemed to be consolidating as the price move rangebound after snapping a local high at over $720. However, a downtrend emerged…
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