Here is the today’s price analysis i.e., October 2nd, 2017 of major cryptocurrencies are Bitcoin (BTC), Ethereum (ETH), Bitcoin Cash (BCH) and NEO.
Finally, Bitcoin making its highest level. The price of Bitcoin shrugged of all the negative impact. At the time article commencement, the Bitcoin (BTC) was trading $ 4461.18.
Both, Chinese regulatory posturing on slow shutdown and negative comments drags down the markets across cryptocurrency. Although, the achievement sustained a trend since September last week. According to the source, the prices were almost jumping $1000 in the prevailing days.
Recently, Ethereum was breaking above $300 level. According to the reports, the $305 level has been tested and seems to be on much higher. Today, the price of Ethereum (ETH) is trading $301.20.
Currently, the market seems to be dead and not actually ready to do much. Overall, Bitcoin has shown more strength than Ethereum longer-term.
Bitcoin Cash (BCH):
Today Bitcoin cash (BCH) price has formed a based near the $420.82 support against the US Dollar. However, there is a key bearish trend line forming with resistance near $425 on the hourly chart of BCH/USD.
In a near term, the price is about to break $420.85 resistance to correct towards $435-440.
A Chinese based alt coin NEO is formerly known antshares jumped around 25% overnight. Moreover, speculating the possibilities that NEO my play a part in the Chinese blockchain infrastructure.
In August, NEO surged around $10 to $60 within two weeks on the talk of a potential Chinese tie-up.The today price of NEO is $ 36.02