BITCOIN CASH Exploding -- Litecoin Looking SolidsteemCreated with Sketch.

in bitcoin •  3 months ago 

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Bitcoin Cash is exploding today. We're seeing a solid bull break from the $133 resistance the bulls got stuck at. Volume for the day is already topping yesterday, so there's nice follow through. This is a great sign overall.

Technicals are still favoring bull movement, although the 4-hr RSI is now overbought. Weekly RSI's though are still looking great after coming up from being oversold for a while.

Litecoin is also on fire today and is actually doing great since we're about to see a new higher high on the charts. Resistance is pretty solid at $59, but hopefully, we'll at least see a higher close on the daily.

Overall, pretty excited about the market potential lately. I think if anything, we're in for a decent sized bounce at the minimum.

Hope you all have a great Friday!

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Thanks for posting the update

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thanks so much!