Bitcoin Cash (BCH) Up $0.86 in Last 4 Hours, Moves Up For the 2nd Day In A Row; Price Base in Formation Over Past 90 Days

Bitcoin Cash 4 Hour Price Update

Updated June 30, 2020 11:19 PM GMT (07:19 PM EST)

The end of a 5 four-hour candle negative run has come for Bitcoin Cash, which finished the last 4 hour candle up 0.39% ($0.86). Bitcoin Cash outperformed all 5 assets in the Top Cryptos asset class since the last 4 hour candle. Congrats to its holders!

Bitcoin Cash Daily Price Recap

Bitcoin Cash is up 1.18% ($2.63) since yesterday, marking the 2nd day in a row an upward move has occurred. The price move occurred on volume that was up 10.21% from the day prior, but down 8.09% from the same day the week before. Out of the 5 instruments in the Top Cryptos asset class, Bitcoin Cash ended up ranking 3rd for the day in terms of price change relative to yesterday. The daily price chart of Bitcoin Cash below illustrates.

Bitcoin Cash Technical Analysis

Coming into today Bitcoin Cash is now close to its 20 day moving averages, which may act as price barrier for the asset. Trend traders will want to observe that the strongest trend appears on the 30 day horizon; over that time period, price has been moving down. Also of note is that on a 90 day basis price appears to be forming a base — which could the stage for it being a support/resistance level going forward. For another vantage point, consider that Bitcoin Cash’s price has gone down 9 of the previous 14 trading days.

Overheard on Twitter

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

  • From Bitraph1:

    As soon as the lockdown starts, I can’t even think of what am I gonna do beside from my left assignments and projects in school. So, when a friend of mine suggested about crypto. I started to learn about it and here I am, now a supporter of Bitcoin Cash.
    #BCH
    #Philippines

  • From Phatyo:

    @HighlandRocket I feel like i missed the train with bitcoin hype, so i just buy and keep. Bitcoin cash I buy low and sell high and stranger all of my gains into tezos and stack the coin ( collect interest ) all on coinbase. i might make a video on this if you’re interested 😁

  • From bigjohnlimit:

    @NWalesBrexiteer @cryptocom @amonwallet @coinbase Not really tribes as such, I’m obviously heavy on Bitcoin cos it’s the safest investment and has done me well over the years. I want any crypto to succeed long term, I can’t buy em all. I have been sniffing round Bitcoin Cash ironically but not got any, used to be deep in Dash.

In terms of news links for Bitcoin Cash here’s one to try:

Making Our little store in Philippines accept Bitcoin Cash as payments

We all thanks BCH for making it look easy on us Cool buddy….We also need some bch stickers for your store showing that you are accepting BCH payments 🙂
This is a good start 👍 Thanks a lot for the wonderful offer bro….Good luck I hope in your next post I want to see a BCH payments Barcode….Thank you so much Sir!…Sir, Thank You so much….Thank you sir!!