The Hourly View for BCH
Last Updated July 23, 2021, 11:16 GMT
At the moment, Bitcoin Cash’s price is up $2.24 (0.51%) from the hour prior. This is the 3rd straight hour Bitcoin Cash has seen its price head up. As for the trend on the hourly timeframe, we see the clearest trend on the 100 hour timeframe. Most noteworthy in the world of moving averages on the hourly chart is that the 20 hour moving average has been crossed, with price now being above it. 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 2.75% ($11.85) from the open of the previous day, marking the 2nd consecutive day it has gone up. The price move occurred on volume that was up 117.66% from the day prior, but down 22.68% from the same day the week before. Relative to other instruments in the Top Cryptos asset class, Bitcoin Cash ranked 3rd since the previous day in terms of percentage price change. Here is a daily price chart of Bitcoin Cash.
Bitcoin Cash Technical Analysis
The clearest trend exists on the 14 day timeframe, which shows price moving down over that time. For another vantage point, consider that Bitcoin Cash’s price has gone up 16 of the previous 30 trading days.
Overheard on Twitter
Behold! Here are the top tweets related to Bitcoin Cash:
- From BitcoinCashCom2:
The wonderful thing about Bitcoin Cash is that I don’t have to deal with banks asking why or who I am sending my own money to. I like to send $5 to Hamas to buy one of these terrorists a hamburger, what you gonna do about it? If you piss me off, I will buy them milkshakes too.
- From zndtoshi:
@PrestonPysh @FossGregfoss @DavidBCollum that would create a hard fork (like what happened with Bitcoin Cash) you would get the same amount of coins on the second network and you can wait out to see what everyone trades for. Eventually one network will come up on top again.
- From justgrowitnow:
@jvinsant11 @Dogecoinrich Oh ok.. and 10 years ago was it impossible for bitcoin to reach the levels we are at now?? No it was impossible. Same for eth… same for bitcoin cash.. same for any other MADE up crypto. It’s only impossible until it happens ….
In terms of news links for Bitcoin Cash here’s one to try:
I am building my house using Bitcoin Cash
Bitcoin Cash works and I know that……Bitcoin Cash works in real life and is helping a lot of people achieve their dreams….Thanks🙏 I an glad that you liked it, i hope to inspire many to work hard to fulfill their dreams using BCH You certainly do….Hopefully me too, I can able to build a house using bch….Just believe and you can do anything using BCH Yes thank you so much BCH really works if we are also willing to work for it just like what you did sir….I hope it will really help people to get inspired and see that BCH works without a doubt Congratulations!
This news is republished from another source. You can check the original article here.
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