Bitcoin Cash (BCH) Price Analysis
Price Analysis

Bitcoin Cash Price on a Dramatic Move Since Yesterday

The crypto market is battling with huge volatility. Apart from a few coins, the rest of the cryptocurrencies have marked loss. The movement in the price off Bitcoin Cash seems disappointing as the coin is not speculated to improve any time soon. A week ago, the price was $212.36 (November 27, 2019), with a market cap of $3,997,547,767. However, today, the BCH coin is at $213, with a market cap of $3,904,327,869.

BCH/USD Price Chart:

BCH/USD Price Chart

Yesterday, Bitcoin Cash started with a slight uptrend in the price. The coin price surged to $216.09 from $215.17 by 0.45%. Later, there was a tremendous loss in the BCH coin that brought the price down to $210.35 by 2.65%. Further, the price improved and touched $214.38 by 1.91%. There was another fall marked that brought BCH price down to $212.24 by 1.01%. There was another upsurge in the price that again took it to $215.29 by 1.30%. Amid the pick-ups and drops, the currency registered a slight regression of 0.08%. Today, Bitcoin Cash started with an uptrend. Later, the price slipped to $212.64 by 1.23%. Then, the price jumped to $214.20 by 0.73%. Later, the coin dropped to $212.87 by 0.63%. There is a marginal improvement spotted in the price.

Bitcoin Cash Price Prediction:

BCH price dropped around the immediate support level at $212 during the opening hours. The current momentum seems to improve. The price is moving towards the immediate resistance level at $218. There is a thin possibility that Bitcoin Cash might end at a profitable note. Bitcoin Cash is counted among the top players. The currency is speculated to a great result in the coming years. The traders are suggested to opt for long-term investment for a better return in the future.

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