The Hourly View for BCH
Last Updated June 28, 2021, 10:16 GMT
At the moment, Bitcoin Cash’s price is down $-2.66 (-0.55%) from the hour prior. The hourly chart shows that Bitcoin Cash has seen 2 straight down hours. As for the trend on the hourly timeframe, we see the clearest trend on the 20 hour timeframe. The moving averages on the hourly timeframe suggest a choppiness in price, as the 20, 50, 100 and 200 are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders.
Bitcoin Cash Daily Price Recap
Bitcoin Cash came into today up 3.83% ($17.6) from the open of the day prior, marking the 2nd consecutive day an increase has occurred. The change in price came along side change in volume that was down 5.73% from previous day, but up 69.3% from the Sunday of last week. On a relative basis, Bitcoin Cash was the worst performer out of all 7 of the assets in the Top Cryptos asset class during the day prior. Here is a daily price chart of Bitcoin Cash.
Bitcoin Cash Technical Analysis
Trend traders will want to observe that the strongest trend appears on the 14 day horizon; over that time period, price has been moving down. For additional context, note that price has gone up 15 out of the past 30 days.
Overheard on Twitter
Over on Twitter, here were the top tweets about Bitcoin Cash:
- From walerikus:
Just bought a domain name and paid with Bitcoin Cash, the payment was instant, it took less than a second, zero fees, onchain transaction.
- From HbarTower:
@gavinlucas110 @pawanrising @hedera Bitcoin SV is a hard fork of Bitcoin Cash and Bitcoin Cash itself is a hard fork of #Bitcoin. So, Bitcoin SV is a grandchild of #Bitcoin! However there are many improvements 😊 But, I have BSV on the radar… and I know they claimed 9K TPS on the network!
- From real__ajay:
My Favourite 10 Cryptocurrency
And You Favourite Please Comment?….1st – Bitcoin
2nd – Ethereum
3rd – Litecoin
4th – Dogecoin
5th – Bitcoin Cash
6th – ShibCoin
7th – Ripple (Xrp)
8th – Cardano (Ada)
9th – Stellar
10th – Tezos
In terms of news links for Bitcoin Cash here’s one to try:
Bitcoin Cash is all of the above and more….Using Bitcoin Cash is the same as rediscovering the freedom of payments, whereas before the individual had to be content with traditional means, today there is no need to wait for these same systems because Bitcoin Cash solves this With Bitcoin Cash, individuals can receive, use or even keep their money at any time of day, 24 hours a week, anywhere in the world….Bitcoin Cash is the future of decentralized digital money, it’s the smart money humanity needs.