Bitcoin Cash 4 Hour Price Update

Updated July 18, 2020 03:18 PM GMT (11:18 AM EST)

Bitcoin Cash is up 0.09% ($0.21) since the previous 4 hours, marking the 4th candle in a row an increase has occurred. Relative to other instruments in the Top Cryptos asset class, Bitcoin Cash ranked 4th since the previous 4 hours in terms of percentage price change.

Bitcoin Cash is down 0.66% ($1.48) since the previous day, marking the 5th day in a row it has gone down. This move happened on lower volume, as yesterdays volume was down 34.18% from the day before and down 27.85% from the same day the week before. On a relative basis, Bitcoin Cash was the worst performer out of all 5 of the assets in the Top Cryptos asset class during the previous day. Lets take a look at the daily price chart of Bitcoin Cash.

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 30 day period appears to show price forming a base; this could indicate that a support/resistance level is developing. Or to view things another way, note that out of the past 30 days Bitcoin Cashs price has gone down 20 them.

Over on Twitter, here were the top tweets about Bitcoin Cash:

@newbie_6 @rogerkver If youre transaction fee was too low then your BTC transaction is probably stuck. Thats because BTC has been changed to not accommodate low fees causing huge problems. You should use Bitcoin Cash instead, where fees are typically under a penny and are fast!

@rogerkver Bitcoin = Satoshi Nakamoto White PaperSo as such, #Bitcoin is Bitcoin Cash (#BCH)While Bitcoin Core is a shitcoin that no longer follows the Original White Paper. Bitcoin Core should NEVER be called Bitcoin. Its simply Bitcoin Core, Bitcore or BTCPlain and Simple

Top 10 Cryptocurrencies prices during the past weekStar of the week was Chainlink $LINK, reaching a price of $8.42; an increase of 41.92% in 7 days onlyBitcoin Cash $BCH was the biggest loser, it has dropped to $223.61, representing a loss of -5.70%

In terms of news links for Bitcoin Cash heres one to try:

Bitcoin Cash price analysis: only bullish above $245

Bitcoin Cash technical analysis shows that bulls need to keep the BCH/USD pair above the $205 level to avoid a $75 sell-off.Watch out for a powerful technical breakout if price moves above the neckline of the pattern, around the $245 level. Bitcoin Cash technical analysis shows that the cryptocurrency needs to move above the $245 level to activate a bullish reversal pattern.

Read more:

Bitcoin Cash (BCH) Up $1.7 Over Past 4 Hours, Fares the Worst Out of Top Cryptos to Start the Day; Started Today Down 0.66% - CFDTrading