- Bitcoin Cash has faced an 8.49% decline that took the price to $179
- It may soon seek the support of $169
BCH coin started the day at 195.95 USD, and in the initial 14 hours and 15 minutes, it lost 185.75 USD. It was followed by another fall of 8.36% that took the price of Bitcoin Cash from 188.88 to 173.09 USD by 19:44 UTC. The last variation happened between 19:44 and 01:58 UTC today, and in these 6 hours and 16 minutes, BCH gained 3.92% value and this swing helped the currency to scale as high as 179.93 USD.
Bitcoin Cash Price Prediction
BCH’s 20 days MA stands at 179.52 USD, and it’s 50 days average is now at 179.67 USD. The coin is currently being traded at 179.31 USD, which is 0.20% and 0.11% less than the 50 days and 20 days MAs, respectively. Bitcoin Cash may find the next few days full of struggle and price fluctuations.
Resistance and Support Levels
R1: $191.93, R2: $206.45 and R3: $214.79
S1: $169.07, S2: $160.73 and S3: $146.21