The Hourly View for BCH
Last Updated June 27, 2021, 02:048 GMT
At the moment, BCH’s price is up $2.64 (0.57%) from the hour prior. It’s been a feast for bulls operating on an hourly timeframe, as BCH has now gone up 5 of the past 5 hours. Regarding the trend, note that the strongest trend exists on the 20 hour timeframe. Regarding moving averages, it should first be noted that price has crossed the 100 hour moving average, resulting in them so that price is now turning above it. The moving averages on the hourly timeframe suggest a bullishness in price, as the 20, 50, 100 and 200 are all in a bullish alignment — meaning the shorter durations are above the longer duration averages, implying a sound upward trend.
Bitcoin Cash Daily Price Recap
460.06 (USD) was the opening price of the day for Bitcoin Cash, resulting in yesterday being one in which price moved up 1.77% ($8.02) from yesterday. The price move occurred on stronger volume; specifically, yesterday’s volume was up 82.22% from the day prior, and up 123.4% from the same day the week before. Out of the 7 instruments in the Top Cryptos asset class, Bitcoin Cash ended up ranking 3rd for the day in terms of price change relative to yesterday. Below is a daily price chart of Bitcoin Cash.
Bitcoin Cash Technical Analysis
The clearest trend exists on the 14 day timeframe, which shows price moving down over that time. For additional context, note that price has gone up 5 out of the past 10 days.
Overheard on Twitter
Behold! Here are the top tweets related to Bitcoin Cash:
- From RfndToken:
A very strong resistance located around 500 USD per 1 Bitcoin Cash (BCH) which has been holding stable range of BCH from 2019-2020 between 100 – 500 USD, has stabilized price of BCH in the last 2 spikes in the range between 493 – 497 USD, at least for tonight.#BCH
- From ChrisTodd420:
@1MarkMoss I saw it, I think, as a retailer myself, the Bitcoin Cash Register makes it easier for any shop to take it by downloading an app on their phone today. The fees are low, hopefully both work for people. We have to make it easy for people and for them to enjoy using it. I’ve seen it
- From LeTSLAunch_:
@ndimichino @jack @jack when permanent Bitcoin cash back boost for purchases? Would make a hell of a lot more people use cash app for a lot more purchases, I think.
In terms of news links for Bitcoin Cash here’s one to try:
Bitcoin Cash grows with you and your business….Bitcoin Cash is cross-border money for everyone, everywhere….Use your money at almost no cost whatsoever with Bitcoin Cash’s micro-fees.