Bitcoin Cash, Uniswap, analyse des prix stellaires : 11 mai

Les récentes liquidations à l'échelle du marché ont maintenu le sentiment plus large dans les obligations de «peur extrême» depuis une semaine maintenant. Bitcoin Cash, Uniswap et Stellar étaient sensibles à ce sentiment alors qu'ils plongeaient considérablement vers leurs creux annuels au cours des deux derniers jours.

Timeline of Bitcoin-cash

The price of Bitcoin Cash (BCH) is in a downtrend after falling past the previous lows of January 2022. Currently, it has fallen to the low of $210 and has recovered. The current decline has reached the oversold area of the market.

Bitcoin fell by 9% the previous day, and across the altcoin market, short-term bullish setups were mercilessly wrecked. Just when coins like Bitcoin Cash and EOS appeared to break past their respective resistance levels, the intense sell-off forced them to suffer a sharp drop in prices.

Roger Ver, the early Bitcoin (BTC) evangelist-turned Bitcoin Cash (BCH) supporter known as ‘Bitcoin Jesus', is now voicing his support for Dogecoin (DOGE), calling it better than BTC. The strange turn of events comes as BCH continues to lose ground against its competitor BTC.

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. Bitcoin Cash (BCH) sellers quickly pulled off a notable plummet from the 11-month $719 resistance.

Bitcoin Cash (BCH) price is in a downtrend as the price has broken below the 50-day line SMA. BCH Price was previously trapped between the moving averages. Price's break below the moving averages signals the resumption of the downtrend.