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Trader Says Bitcoin Cash (BCH) Set To Go Higher, Updates Outlook on Rollbit (RLB) and an Under-the-Radar Altcoin

admin by admin
October 21, 2023
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Big Sell-Off Coming for Altcoins, but Ethereum Could Be Exception, Says Crypto Analyst Nicholas Merten
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A broadly adopted crypto analyst is expressing bullish sentiment on Bitcoin Money (BCH) after a sudden transfer to the upside.

Pseudonymous crypto dealer Altcoin Sherpa tells his 196,800 followers on the social media platform X that BCH may soar 25% from its present worth.

“BCH: no clue why that is pumping so properly however hold it going. The chart is clear on this one. I believe it’s nonetheless going to go increased. Shopping for a dip round $220 could be good.”

Image
Supply: Altcoin Sherpa/X

The dealer makes use of the Fibonacci retracement ranges to recommend that BCH might dip to $220 earlier than a rally to $300.

Bitcoin Money, a Bitcoin (BTC) arduous fork that spun off from the highest crypto asset in 2017, is buying and selling for $240 at time of writing.

Subsequent up, the dealer says that the crypto on line casino platform Rollbit (RLB) and Telegram bot app Unibot (UNIBOT) each look bullish.

“On-chain cash are doing very well recently. RLB, UNIBOT each nonetheless trying good however there are many different actually robust mid-caps…

You possibly can determine how far down the chance curve you need to go however issues are trying good for now.”

Image
Supply: Altcoin Sherpa/X

Taking a look at his chart, the dealer seems to indicate that RLB appears to be like robust after changing its resistance at $0.158 into assist.

Rollbit is buying and selling for $0.16 at time of writing.

As for UNIBOT, the dealer’s chart seems to point that the altcoin appears to be like bullish after taking out its diagonal resistance.

Image
Supply: Altcoin Sherpa/X

UNIBOT is value $62.51 at time of writing.

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Disclaimer: Opinions expressed at The Day by day Hodl aren’t funding recommendation. Buyers ought to do their due diligence earlier than making any high-risk investments in Bitcoin, cryptocurrency or digital belongings. Please be suggested that your transfers and trades are at your personal danger, and any loses you might incur are your duty. The Day by day Hodl doesn’t suggest the shopping for or promoting of any cryptocurrencies or digital belongings, neither is The Day by day Hodl an funding advisor. Please observe that The Day by day Hodl participates in affiliate marketing online.

Featured Picture: Shutterstock/Salamahin/HUT Design





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