Bitcoin Cash
Price Analysis

Trade99’s BCH Price Analysis: Bitcoin Cash Exhibits Moderate Movement

The crypto market is spotted with a bearish trend. The BCH coin seems to retreat from the intraday high and booking new lows gradually. The said loss in the price is anticipated to last for some time. Bitcoin Cash is counted among the top players in the market. The coin is anticipated to pick up the pace in some time. Yesterday, Bitcoin Cash was spotted dealing as high as $216.95 and as low as $210.96. The volume was marked as $1,048,971,273.

Bitcoin Cash Price Prediction

Bitcoin Cash Price

Yesterday, Bitcoin Cash started dealing at $210.48. The price slipped to $209.36 by 0.50% within the first few hours. The BCH coin started improving in the later hours of the day and touched $209.65 by 0.14%. Further, the price escalated to $214.62 by 2.39%. The price of Bitcoin Cash dropped to $213.42 in the later hours by 0.56%. The currency traded at the same level and closed the day at $212.98. The intraday movement in the coin reflected an overall progression of 1.18%. Today, Bitcoin Cash price is indicating a drop and it is currently at $212.15.

Bitcoin Cash price is slowly sliding towards the immediate support level at $211. In the coming hours, the currency would breach the same. The coin is speculated to remain intact with the downtrend for some time.

Resistance Level Price Support Level Price
R1 $ 217.22 S1 $ 211.23
R2 $ 220.08 S2 $ 208.1
R3 $ 223.21 S3 $ 205.24

BCH coin is anticipated to give flourishing results in the future. The traders are recommended to dig-in for long-term investment. The same would ensure a massive result in the future.

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