{"id":178654,"date":"2021-08-22T16:30:54","date_gmt":"2021-08-22T11:00:54","guid":{"rendered":"https:\/\/ambcrypto.com\/?p=178654"},"modified":"2021-08-22T15:54:38","modified_gmt":"2021-08-22T10:24:38","slug":"bitcoin-cash-atom-zcash-price-analysis-22-august","status":"publish","type":"post","link":"https:\/\/ambcrypto.com\/bitcoin-cash-atom-zcash-price-analysis-22-august\/","title":{"rendered":"Bitcoin Cash, ATOM, ZCash Price Analysis: 22 August"},"content":{"rendered":"

It has been a mixed day for the altcoin market, so far. Bitcoin Cash just depreciated and traded close to its immediate $672.21 support line, while COSMOS logged an impressive 18% gain over the last 24 hours, marking a multi-month high. ZCash appreciated by 4.1% and prepared to topple over the $160.89 immediate resistance mark.\u00a0<\/span><\/p>\n

Bitcoin Cash (BCH)<\/b><\/h3>\n
\"Bitcoin<\/a>
BCH\/USD<\/a>, TradingView<\/figcaption><\/figure>\n

Bitcoin Cash<\/a> noted a slight decline over the last 24 hours, and was available for $687.21. The altcoin was trading close to its support line of $672.21. Trading near the aforementioned support level longer than a few more sessions could cause prices to rest below it, on the $623.37 support line.\u00a0<\/span><\/p>\n

Awesome Oscillator<\/strong> displayed red signal bars, denoting bearish price movement in the market. Correspondingly, MACD<\/strong> also noted receding green bars on the histogram.\u00a0<\/span><\/p>\n

In contrast, the Relative Strength Index<\/strong> noted increased buying strength as it stood near the 60-mark. In case, BCH heads higher up than the current prices, it may again face resistance at $705.20 for the second time in a week.\u00a0<\/span><\/p>\n

Cosmos (ATOM)<\/b><\/h3>\n
\"Bitcoin<\/a>
ATOM\/USD<\/a>, TradingView<\/figcaption><\/figure>\n

Cosmos<\/a> hiked by a staggering 18%, trading at $22.69, at press time. It had last touched this price level on May 16. The uptrend, if maintained, could push the alt to touch the $23.44 resistance mark for the second time in 48 hours.\u00a0<\/span><\/p>\n

MACD<\/strong> remained bullish as it noted green bars on its histogram.\u00a0<\/span>Relative Strength Index<\/strong> stood at the 70-mark as it was pictured inside the overbought territory, a few trading sessions ago. <\/span><\/p>\n

A chance of price reversal can\u2019t be ruled out, in case of which, ATOM would find itself on the $21.50 and $18.00 support line. <\/span>Bollinger Bands<\/strong> diverged, implying that chances of market volatility could see a rise over the next trading sessions.\u00a0<\/span><\/p>\n

ZCash (ZEC)<\/b><\/h3>\n
\"Bitcoin<\/a>
ZEC\/USD<\/a>, TradingView<\/figcaption><\/figure>\n

ZEC rose by 4.1% on its chart and was trading for $159.63 and would soon be aiming to topple over the $160.89 resistance line. Technicals for ZEC remained quite positive.<\/span><\/p>\n

Buying strength increased as the Relative Strength Index<\/strong> shot up to touch the 65-mark. Chaikin Money Flow<\/strong> too was seen above the half-line, inside the bullish territory as it recorded capital inflows.\u00a0<\/span><\/p>\n

MACD<\/strong> displayed growing green bars on its histogram, which referred to the strengthening of bulls in the market.\u00a0<\/span>The alt had last touched this level on 4 June, post which it dipped to the $159.63 mark. <\/span><\/p>\n

In the event of ZEC<\/a> hovering around the same prices over upcoming trading sessions for long, it could rest on the $137.78 support line.\u00a0<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

It has been a mixed day for the altcoin market, so far. Bitcoin Cash just depreciated and traded close to its immediate $672.21 support line, while COSMOS logged an impressive 18% gain over the last 24 hours, marking a multi-month high. ZCash appreciated by 4.1% and prepared to topple over the $160.89 immediate resistance mark.\u00a0Continue reading “Bitcoin Cash, ATOM, ZCash Price Analysis: 22 August”<\/span><\/a><\/p>\n","protected":false},"author":45,"featured_media":178660,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"om_disable_all_campaigns":false,"footnotes":""},"categories":[31,41,18,66,3,4,20],"tags":[],"class_list":["post-178654","post","type-post","status-publish","format-standard","has-post-thumbnail","category-altcoins-news","category-analysis","category-hide-cryptopanic","category-new-news","category-news","category-social","category-trading-view"],"acf":[],"yoast_head":"\nBitcoin Cash, ATOM, ZCash Price Analysis: 22 August - AMBCrypto<\/title>\n<meta name=\"description\" content=\"It has been a mixed day for the altcoin market, so far. 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