Bitcoin Cash 4 Hour Price Update
Updated July 17, 2020 01:35 AM GMT (09:35 PM EST)
The back and forth price flow continues for Bitcoin Cash, which started the current 4 hour candle off at 224.09 US dollars, up 1.06% ($2.34) from the previous 4 hours. Bitcoin Cash outperformed all 5 assets in the Top Cryptos asset class since the previous 4 hours. Congrats to its holders!
Bitcoin Cash Daily Price Recap
Bitcoin Cash is down 1.39% ($3.15) since the day prior, marking the 4th day in a row it has gone down. The price move occurred on volume that was up 26.87% from the day prior, but down 26.32% from the same day the week before. Relative to other instruments in the Top Cryptos asset class, Bitcoin Cash ranked 2nd since the day prior in terms of percentage price change. The daily price chart of Bitcoin Cash below illustrates.
Bitcoin Cash Technical Analysis
Coming into today the current price of Bitcoin Cash is sitting close to its 20 day moving averages; moving average crosses often indicate a change in momentum, so this may be worth keeping an eye on. Price action traders in particular will want to note that the 14 and 30 day periods appears to show price forming a base; this could indicate that a support/resistance level is developing. For another vantage point, consider that Bitcoin Cash’s price has gone down 19 of the previous 30 trading days.
Overheard on Twitter
Behold! Here are the top tweets related to Bitcoin Cash:
- From BlockDXExchange:
Our DEX now supports:Bitcoin Cash $BCH
Bitcoin Gold $BTG
Bitcoin Diamond $BCD
eXperience Points $XPTrade securely, without KYC.
- From zackvoell:
Why aren’t they asking for bitcoin cash?
- From Pamela_M47:
@HoarseWisperer Finally the little guys get their day, the plan worked. Are we going to use part of the Bitcoin cash for pizzas and beers?
For a longer news piece related to BCH that’s been generating discussion, check out:
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