The Hourly View for BCH
Last Updated April 30, 2021, 02:016 GMT
At the time of this writing, Bitcoin Cash’s price is down $-5.19 (-0.59%) from the hour prior. This move is a reversal from the hour prior, which saw price move 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 below 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 closed the previous day up 2.24% ($19.96); this denotes the 3rd day in a row an upward move has occurred. The price move occurred on volume that was up 35.67% from the day prior, but down 20.8% from the same day the week before. Relative to other instruments in the Top Cryptos asset class, Bitcoin Cash ranked 2nd since the previous day in terms of percentage price change. The daily price chart of Bitcoin Cash below illustrates.
Bitcoin Cash Technical Analysis
The clearest trend exists on the 30 day timeframe, which shows price moving up over that time. For additional context, note that price has gone up 18 out of the past 30 days.
Overheard on Twitter
For laughs, fights, or genuinely useful information, let’s see what the most popular tweets pertaining to Bitcoin Cash for the past day were:
- From Bit_Faced:
The more dollars you collect, the more you’re feeding the beast. Every dollar in existence is owed to someone. With interest. Yet, the interest doesn’t exist in the money supply. You’ve been played. #Bitcoin Cash fixes this. #BCH
- From RAPEVICTlM:
notA. Bitcoin Cash can lift billions out of poverty hardships and suffering Welcome to the peer to peer cash revolution! Do you want to learn and implement the Ultimate Bitcoin Mining and Scrapi. Best free bitcoin mining sites – share your Do tv4 studio bitcoin want to but canno
- From GadgTecs:
@CoinMarketCap 1. Ethereum – Best investment in terms of value
2. Bitcoin Cash – Easy and fast transactions
3. USDT – Need some stability and ease of transfer
4. BNB – Binance is after all the biggest non-Chinese exchange
5. Bitcoin – The big, one and only! No wallet is complete without it
In terms of news links for Bitcoin Cash here’s one to try:
Developers and DApp builders can now find the testnet information at https://docs.smartbch.org/smartbch/testnets The testnet will allow anyone to experiment with and develop for a high-performance, EVM-compatible Bitcoin Cash sidechain….smartBCH is a first-of-its-kind sidechain for Bitcoin Cash, launched by our dev team which has been in blockchain development since 2016.