Bitcoin Cash (BCH) Up $0.48 in Last 4 Hours, Fares the Worst Out of Top Cryptos to Start the Day; in a Downtrend Over Past 30 Days

Bitcoin Cash 4 Hour Price Update

Updated September 17, 2020 11:19 PM GMT (07:19 PM EST)

Bitcoin Cash is up 0.21% ($0.48) since the last 4 hour candle, marking the 2nd straight candle an increase has occurred. Bitcoin Cash outperformed all 5 assets in the Top Cryptos asset class since the last 4 hour candle.

Bitcoin Cash Daily Price Recap

The back and forth price flow continues for Bitcoin Cash, which started today off at 230.77 US dollars, down 1.87% ($4.39) from yesterday. The price move occurred on volume that was down 41.43% from the day prior, but up 39.43% from the same day the week before. On a relative basis, Bitcoin Cash was the worst performer out of all 5 of the assets in the Top Cryptos asset class during yesterday. Let’s take a look at the daily price chart of Bitcoin Cash.

BCH

Bitcoin Cash Technical Analysis

Coming into today Bitcoin Cash is now close to its 20 day averages, located at 241.02 respectively, and thus may be at a key juncture along those timeframes. Volatility for Bitcoin Cash has been contracting over the past two weeks relative to volatility over the past month. Whether volatility reverts will be something to watch. The clearest trend exists on the 30 day timeframe, which shows price moving down over that time. For another vantage point, consider that Bitcoin Cash’s price has gone up 6 of the previous 10 trading days.

Overheard on Twitter

Over on Twitter, here were the top tweets about Bitcoin Cash:

  • From Don_wonton:

    @wisewizzz @vinarmani @EatSleepCrypto @Bitcoin_ABC @deadalnix Is BCH an all or nothing club? I’m in Avalanche now, but Bitcoin Cash will always be my home coin. I think a lot of people moved from BCH > Avalanche because we are tired of the same cycle happening again and again. Some are more vocal than others.

  • From PeterLFC26:

    @mirraxFTC Yeah, I love ethereum too… just as much as I love tron, bnb, xrp, bitcoin cash, link, usdt and the defi tokens.All of them crap and ready for a big short to pump bitcoin and alts like $NXS and $ARK

  • From BestQuizGames:

    In this quiz game you have to guess the name of these cryptocurrencies based on their logos that are displayed.
    Top cryptocurrency like Bitcoin, Ethereum, Stellar, XRP, Tether, Bitcoin Cash, Binance Coin, Tron, ChainLink are included.
    We’ll update more coin and token soon…

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

Bitcoin Cash Rallies 7%, More Upsides Likely If BCH Clears 100 SMA | NewsBTC

Any further gains could lead the price towards the $260 and $265 resistance levels in the near term….Key Support Levels – $230 and $220.