Bitcoin Cash: Price Analysis, April 04

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BCH/USD

We had anticipated Bitcoin Cash to pull back to the 20-day EMA, but the rally fizzled at $741.6764 on April 03.




BCH/USD




The BCH/USD pair is struggling to find buyers even at these low levels. If prices break below the April 01 lows of $653, there might be a decline to $600 and $558.

We shall wait for the digital currency to change its trend before recommending any trades on it.

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