Hello friends, welcome to this BITCOIN CASH update from Crypto Sanders.
Chart Analysis:- Bitcoin cash (BCH) was a notable gainer on Monday, as the token rose to a two-month high to start the month. BCH/USD peaked at 246.98 earlier in the day, after trading at a low of 233.74 during Sunday’s session. This was the strongest point that Bitcoin cash has hit since July 31, when the price reached a high of 259.00 today’s move comes after a key resistance level of 245.00 was briefly broken, bulls have gone on to retreat from earlier positions. One reason for this was a collision that occurred on the relative strength index (RSI), which hit the 70.00 resistance point. Currently, the index is tracking at 69.53, with BCH at 243.30 as of writing.
I have tried to bring the best possible results in this chart. If you like it, hit the like button and share your charts in the comments section.