BCH Forks again, BTC, ETH, XRP update
Bitcoin short update
So Bitcoin has successfully managed to stay over $6k for 365-days now.
Check out the yearly charts, you will see that $BTC reached $6k in late October 2017.Today btc USD trade here with a tight stop at 6460. Find ing hardly any buying power near the 9MA.
BCH Forks
BCH has had 2 hard forks already.Hard forks are two edge swords for traders, especially something as uncertain as a $BCH fork.
But I have a question Why are people buying BCH ? The fork will not guarantee free money Right so why?????
ETH analysis
Ethereum price is preparing for the next significant break either above 0.0318BTC or below 0.0309BTC.Uptrend is ranging from $192.70 to $198.10 whereas the resistance level is set at $199.35.The support line is forming an ascending triangle with the resistance.
XRP
XRP shows balance between supply and demand.Xrp breaks 7350, it breaks the neckline of inverse H&S on 12 hour chart. Majorly BULLISH.
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