Price Analysis

Bitcoin Cash (BCH) and Bitcoin SV (BSV) Open with an Upsurge; Litecoin (LTC) Price Comes Under Market Pressure

Bitcoin Cash (BCH/USD) Price Analysis:

Bitcoin Cash price chart - Aug 14
Bitcoin Cash Price Chart 

Bitcoin Cash (BCH) was walking through its way of success from the past couple of days. The coin embarked on a downtrend in the market today. We are positive that the intraday loss wouldn’t harm the investors much. Let’s have a look at the weekly chart.

The coin started the week on 8th August. The coin was trading around $318 and booked a regression of 2.06% as it touched $331. On 9th August, the coin slipped from $331 to $324 by 1.99%. On 10th August, the coin didn’t move much but fell marginally from $324 to $323 by 0.18%. On 11th August, the coin escalated from $323 to $335 by 3.65%. On 12th August, the price of the token dropped from $335 to $328 by 2.17%. On 13th August, the coin jumped from $328 to $346 by 5.68%. Today, the coin opened with an upsurge of 3.34% from $346 to $358. Later, the coin fell from $358 to $341.

The market cap of the coin was noted to be $6,062,487,215. The coin has shown remarkable growth. We are positive that the improvement would continue in the coin. The traders interested in the coin should plan for a long-term investment to book huge dividends.

Litecoin (LTC/USD) Price Analysis:

Litecoin price chart - Aug 14
Litecoin Price Chart 

Litecoin (LTC) is among some coins which give a tough competition to the other altcoins. The coin has reflected a remarkable movement in the last two quarters. The current scenario is quite disappointing. Although, this could be the best time to invest in Litecoin. The experts predict that the coin has a bright future.

The coin started the week trading around $90.3 on 8th August. The coin kept it tight at the same level for the day and closed at $90.6. The escalation was marked by 0.34%. On 9th August, the coin slipped from $90.6 to $86.9 by 3.97%. On 10th August, the coin escalated from $86.9 to $87.3 by 0.44%. On 11th August, the price of the coin hiked from $87.3 to $90.2. On 12th August, the coin slipped from $90.2 to $85.7 by 4.96%. On 13th August, the coin booked a moderate fall of 0.68%. Price switched from $85.7 to $85.1. Today, the coin is dealing with the bears. The fall in price was of 2.26%. The price shifted from $85.1 to $83.1.

The coin is suffering in today’s market, but the coming period will bring price rally. The coin has great potential and investing in the currency wouldn’t go futile.

Bitcoin SV (BSV/USD) Price Analysis:

Bitcoin SV price chart - Aug 14
Bitcoin SV Price Chart 

Bitcoin SV (BSV) has astounded everyone with the escalation. The entire market was crashing when Bitcoin SV (BSV) was climbing up. To understand the momentum of the coin, let’s have a look at the weekly chart.

The week opened with $147 on 8th August. The price of the coin slipped from $147 to $145 by 1.58%. On 9th August, the downtrend continued and took the price from $145 to $140 by 3.75%. On 10th August, the coin jumped from $140 to $144 by 3.08%. On 11th August, the price again jumped from $144 to $148 by 2.90%. The coin booked a regression on 12th August. The price counters changed from $148 to $142 by 2.33%. Yesterday, the coin registered an upsurge of 1.32%. The price switched from $142 to $144. Today, the coin escalated from $144 to $153 by 6.43%. The coin started falling and is currently dealing at $145.

The coin is best suited for short-term investors. The same would earn colossal dividends in the future.

Tags

Ruti Vora

Ruti has recently joined CryptonewsZ as a writer and has been writing on other cryptocurrency sites as well. Having a background of tech field makes her versatile with a keen interest in literature. You will find her surrounded by books and music when she is not on work. You can also contact her on Linkedin or Facebook.
Event Information
Event Information
Back to top button