This post was originally published on Key Points • Bitcoin cash price continues to trade in a range above the $2280 support against the US Dollar. • Yesterday’s highlighted connecting bearish trend line with current resistance at $2430 is intact on the hourly chart of BCH/USD (data feed from Kraken). • The pair has to close above the $2450-60 resistance levels to move back in the bullish zone. Bitcoin cash price is trading in a range above $2280 against the US Dollar.

Aug 30, 2017 - What's interesting, however, is that at the time, bitcoin cash was still less profitable to mine than bitcoin by about 20%. Plug And Play Siacoin SC Miner more. Still, many miners, including those using pools like BTC.Top, ViaBTC and AntPool continued dedicating computing power to the blockchain. This means these miners were likely giving up. It would be helpful if you could post a step by step guide to mining bitcoin cash with technical spec requirements for computer etc. ~ average of. Found: 6852 Blocks 99900 BTC. Bitcoin Cash Hashrate Chart. 336.800 PH/s 15413 Workers online. Found: 2242 Blocks 28074 BCH. Full Featured BTC.com Pool App. View pool & miner data in real-time; Delete/modify miners directly. Click to download. BTC Smart Agent. Efficient and Transparent Single Worker Visible.

BCH/USD could gain traction in the near term, but it has to break $2460. Bitcoin Cash Price Support There was a phase in bitcoin cash price above $2200 area against the US Dollar.

The price was seen moving higher a few points toward the $2400 level, but it struggled to gain momentum. It seems like the 38.2% Fib retracement level of the last drop from the $2730 high to $2250 low prevented gains and an upside break.

More importantly, yesterday’s highlighted connecting bearish trend line with current resistance at $2430 is intact on the hourly chart of BCH/USD. The pair was seen continuously offered around the $2450 resistance and the 100 hourly simple moving average. There was also a spike towards the 50% Fib retracement level of the from the $2730 high to $2250 low. However, there was no upside break and close above the $2450-60 resistance levels.

The pair has to move above the mentioned $2450-60 resistance area to gain traction. Once BCH moves back in the bullish zone above $2460, it could attempt a run towards the $2700 level. On the downside, the most important range support is around $2260-80, which must hold to contain losses. Looking at the technical indicators: Hourly MACD – The MACD for BCH/USD is struggling to move back in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for BCH/USD is currently well below the 50 level. Major Support Level – $2280 Major Resistance Level – $2460 Charts courtesy – The post appeared first on.