Bitcoin Cash (BCH) Down $7.3 Over Past 4 Hours, Breaks Below 20 Day Average; Price Base in Formation Over Past 30 Days – CFDTrading

Bitcoin Cash 4 Hour Price Update

Updated July 16, 2020 11:19 AM GMT (07:19 AM EST)

Bitcoin Cash came into the current 4 hour candle down 0.12% ($0.26) from the open of the last 4 hour candle, marking the 3rd candle in a row a decrease has occurred. Bitcoin Cash outperformed all 5 assets in the Top Cryptos asset class since the last 4 hour candle.

Bitcoin Cash closed yesterday down 1.22% ($2.81); this denotes the 3rd day in a row a decrease has occurred. This move happened on lower volume, as yesterdays volume was down 3.2% from the day before and down 45.92% from the same day the week before. Out of the 5 instruments in the Top Cryptos asset class, Bitcoin Cash ended up ranking 4th for the day in terms of price change relative to yesterday. Here is a daily price chart of Bitcoin Cash.

Moving average crossovers are always interesting, so lets start there: Bitcoin Cash crossed below its 20 day moving average yesterday. Also of note is that on a 30 day basis price appears to be forming a base which could the stage for it being a support/resistance level going forward. For additional context, note that price has gone down 8 out of the past 14 days.

Behold! Here are the top tweets related to Bitcoin Cash:

Our DEX now supports:Bitcoin Cash $BCHBitcoin Gold $BTGBitcoin Diamond $BCDDeVault $DVTeXperience Points $XPTrade securely, without KYC.

Why arent they asking for bitcoin cash?

@HoarseWisperer Finally the little guys get their day, the plan worked. Are we going to use part of the Bitcoin cash for pizzas and beers?

For a longer news piece related to BCH thats been generating discussion, check out:

Bitcoin Cash for beginners

Bitcoin Cash.Great article Thanks for reading =) Thanks for this information This is very informative Cain.This is very helpful for a beginner like me, like this article Thanks for reading!Sir @Cain I am a big fan since my last month of joining here in read.cash and I am getting real good information about your articles.Thank you so much @Cain for always sharing information about BCH and why it has always been the real thing!This article is good not only for beginner but also to those people with an idea regarding to crypto currencies.

Continued here:

Bitcoin Cash (BCH) Down $7.3 Over Past 4 Hours, Breaks Below 20 Day Average; Price Base in Formation Over Past 30 Days - CFDTrading

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