The state of the crypto-currency market. Bitcoin Cash is in the catbird seat!

During today’s trading, most of the major currencies show a fairly restrained dynamics, while losing their positions. Over the past 24 hours, the price of Bitcoin has decreased by -0.48%, Dash has decreased by -2.53%, Monero has decreased by -3.03%, Ripple has lost about -0.83%. Against the background of the decline in the main part of the world’s crypto currency, Bitcoin Cash once again updated its msximum, reaching $ 1601.08, while at the moment the growth of this crypto currency in the last 24 hours is about 18%.

Technical analysis: Bitcoin Cash keeps positive dynamics. After a sharp increase the correction is expected in the price of the crypto currency. In case of a downward correction, the main support levels are $ 1,330.00; $ 1150.

Fig. BCH/USD chart, current price – $ 1522.34.

Alexander Sivtsov