{"id":179597,"date":"2021-08-26T18:00:36","date_gmt":"2021-08-26T12:30:36","guid":{"rendered":"https:\/\/ambcrypto.com\/?p=179597"},"modified":"2021-08-26T15:07:46","modified_gmt":"2021-08-26T09:37:46","slug":"bitcoin-cash-cosmos-iota-price-analysis-26-august","status":"publish","type":"post","link":"https:\/\/ambcrypto.com\/bitcoin-cash-cosmos-iota-price-analysis-26-august\/","title":{"rendered":"Bitcoin Cash, Cosmos, IOTA Price Analysis: 26 August"},"content":{"rendered":"

Bitcoin Cash, Cosmos, and IOTA fell on their respective charts after a price pullback. BCH broke below its $623.37 support line while ATOM fell by 7.4% and traded close to its $18 support level. Finally, IOTA prepared to fall below the dollar mark following a steady downtrend.<\/span><\/p>\n

Bitcoin Cash [BCH]<\/b><\/p>\n

\"Bitcoin<\/a>
BCH\/USD<\/a>, TradingView<\/figcaption><\/figure>\n

BCH<\/a> depreciated by 4.5% over the last 24 hours and was trading at $617.71. In fact, it had just fallen below its $623.37 support. A sustained downtrend would mean BCH resting on the $579.32 support. Technicals signaled bearishness for the crypto.<\/span><\/p>\n

The Awesome Oscillator<\/strong> pictured red signal bars implying that BCH was noting a downtrend. The Relative Strength Index<\/strong> fell below the half-line 48 hours ago and has remained the same ever since. In accordance with the other two indicators, the MACD<\/strong> also flashed red histograms.\u00a0<\/span><\/p>\n

In case buying pressure strengthens in the market, BCH would try to topple $672.68 and then, test the $705.02 price ceiling for the second time in August.\u00a0<\/span><\/p>\n

Cosmos [ATOM]<\/b><\/p>\n

\"Bitcoin<\/a>
ATOM\/USD<\/a>, TradingView<\/figcaption><\/figure>\n

Cosmos<\/a> was trading at $18.46 with losses of 7.4% in 24 hours. The altcoin threatened to fall below its $18 support line. If ATOM doesn\u2019t reverse its price action, the next support level lay at $13.80. Indicators remained bearish for the crypto-asset.\u00a0<\/span><\/p>\n

Buying pressure remained low as the Relative Strength Index<\/strong> was underneath the half-line, inside bearish territory. The Chaikin Money Flow<\/strong> also dipped below the midline since capital inflows fell.\u00a0<\/span><\/p>\n

The MACD<\/strong> pictured a series of red histograms over the last few days and validated the southbound price action.\u00a0<\/span><\/p>\n

If Cosmos manages to move on the upside, the resistance levels lay $21.50 and $23.29, respectively.\u00a0<\/span><\/p>\n

IOTA <\/b><\/p>\n

\"Bitcoin<\/a>
IOTA\/USD<\/a>, TradingView<\/figcaption><\/figure>\n

IOTA fell by 4.5% and was priced at $1.01, at press time. The altcoin inched closer to its immediate $0.96 price floor. IOTA flashed signs of a downtrend following broader market sentiments.\u00a0<\/span><\/p>\n

The MACD<\/strong> witnessed a bearish crossover and flashed red histograms. Buying pressure struggled to recover as the Relative Strength Index<\/strong> remained fell the half-line over the last 48 hours.\u00a0<\/span><\/p>\n

The Bollinger Bands<\/strong> opened up and implied that market volatility could be on the rise over the next few trading sessions.\u00a0<\/span><\/p>\n

In case IOTA<\/a> moves up north, the altcoin could encounter resistance at $1.11 and then, $1.21.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

Bitcoin Cash, Cosmos, and IOTA fell on their respective charts after a price pullback. BCH broke below its $623.37 support line while ATOM fell by 7.4% and traded close to its $18 support level. Finally, IOTA prepared to fall below the dollar mark following a steady downtrend. Bitcoin Cash [BCH] BCH depreciated by 4.5% overContinue reading “Bitcoin Cash, Cosmos, IOTA Price Analysis: 26 August”<\/span><\/a><\/p>\n","protected":false},"author":45,"featured_media":179606,"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-179597","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, Cosmos, IOTA Price Analysis: 26 August - AMBCrypto<\/title>\n<meta name=\"description\" content=\"Bitcoin Cash, Cosmos, and IOTA fell on their respective charts after a price pullback. 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