Bitcoin Cash (BCH)
Good news, folks! Bitcoin Cash (BCH) is on the rise, surging by a whopping 6%! Just today, it reached a peak of $289.49, which is a significant jump from its low point on Tuesday at $271.44. That’s some serious movement!
Let’s break it down for you:
- Bitcoin Cash is inching closer to a ceiling at $300.00 and a recent high of $329.71.
- The relative strength index (RSI) shows a marginal breakout, hovering around 70.56.
- Keep an eye out for the next point of resistance at 73.00. If BCH hits that mark, we might be looking at a trading price of $300.00 or even higher!
Polkadot (DOT)
Hey there, DOT enthusiasts! We’ve got some good news for you too. Polkadot (DOT) is on a three-day winning streak, reaching a one-week high. After dropping to $5.13 on Tuesday, it bounced back with a vengeance, hitting an intraday high of $5.30 today.
Here’s what you need to know:
- DOT’s recent peak of $5.37, just below a ceiling at $5.40, is its strongest level in a while.
- However, gains have slightly slipped since then, as the RSI hit a ceiling at 55.00. Currently, the price strength is at 54.55.
- If DOT breaks through this ceiling, the next target for the bulls will be $5.50. Keep those fingers crossed!
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Hot Take
Bitcoin Cash and Polkadot are making some exciting moves in the cryptocurrency market. With BCH inching closer to $300.00 and DOT on a winning streak, it’s an exhilarating time for enthusiasts. Keep an eye on those resistance levels and be ready for potential breakthroughs. Stay informed and make those smart investment decisions. The future is looking bright for these digital currencies!
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