Bitcoin Cash (BCH) Down $0.01 On 4 Hour Chart, 5 Day Down Streak Broken; Price Base in Formation Over Past 30 Days – CFDTrading

Bitcoin Cash 4 Hour Price Update

Updated July 19, 2020 01:35 AM GMT (09:35 PM EST)

Bitcoin Cash entered the current 4 hour candle at $224.69, down 0% ($0.01) from the last 4 hour candle. Relative to other instruments in the Top Cryptos asset class, Bitcoin Cash ranked 3rd since the last 4 hour candle in terms of percentage price change.

Bitcoin Cashs 5 day negative streak has officially concluded, as the candle from yesterday closed up 0.81% ($1.8). This move happened on lower volume, as yesterdays volume was down 19.52% from the day before and down 23.51% from the same day the week before. Relative to other instruments in the Top Cryptos asset class, Bitcoin Cash ranked 4th since yesterday in terms of percentage price change. Below is a daily price chart of Bitcoin Cash.

Notably, Bitcoin Cash is now close to its 20 day averages, located at 229.72 respectively, and thus may be at a key juncture along those timeframes. 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. For another vantage point, consider that Bitcoin Cashs price has gone down 7 of the previous 10 trading days.

Behold! Here are the top tweets related to 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

can we get xrp, bitcoin cash, and litecoin out of the top 10 already? the ghost chains need to go

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

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.

See more here:

Bitcoin Cash (BCH) Down $0.01 On 4 Hour Chart, 5 Day Down Streak Broken; Price Base in Formation Over Past 30 Days - CFDTrading

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