Bitcoin cash price analysis – unpredictable selloff

A major bearish wave began controlling the market during Tuesday’s later sessions, pulling bitcoin cash price downwards to a day low of $1,139 early on Wednesday. BCH price is likely to continue dropping towards $1,093.04, before the downtrend can reverse or even slow down.

Ethereum price analysis – major bearish rally

Ethereum price fell by around 7% during Tuesday’s trading sessions. The bearish wave continued pulling price downwards to $776.10 early during Wednesday’s sessions. As per our technical analysis, the price of ether will most probably drop down near $716.30 before the market’s bulls can take the upper hand and reverse this strong bearish rally.