Bitcoin Cash 4 Hour Price Update
Updated March 27, 2020 07:18 AM GMT (03:18 AM EST)
The back and forth price flow continues for Bitcoin Cash, which started the current 4 hour candle off at 227.06 US dollars, down 2.44% ($5.69) from the previous 4 hours. Those trading within the Top Cryptos asset class should know that Bitcoin Cash was the worst performer in the class during the previous 4 hours.
Bitcoin Cash Daily Price Recap
Bitcoin Cash entered today at 227.79 in US dollars, up 3.17% ($7) from the day prior. The change in price came along side change in volume that was up 5.71% from previous day, but down 38.85% from the Thursday of last week. Relative to other instruments in the Top Cryptos asset class, Bitcoin Cash ranked 3rd since the day prior in terms of percentage price change. The daily price chart of Bitcoin Cash below illustrates.
Bitcoin Cash Technical Analysis
Notably, Bitcoin Cash crossed above its 20 day moving average yesterday. 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. Trend traders will want to observe that the strongest trend appears on the 14 day horizon; over that time period, price has been moving up. Price action traders in particular will want to note that the 90 day period appears to show price forming a base; this could indicate that a support/resistance level is developing. Or to view things another way, note that out of the past 30 days Bitcoin Cash’s price has gone up 15 them.
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 jsmith_dev:
What I like about #Bitcoin Cash is it’s global scale now. Like right now. Not soon. Not if there is a financial crisis. Like. Right. Now. You should get some now. This is financial advice. Whoever you are or your circumstances, if you have a heartbeat, you should have #BCH.
- From bradmillscan:
@stacyherbert I’ve been unfollowing and muting a lot of Bitcoiners this month.I’m actually getting more triggered by these Covidiot #FlatCurvers who are *still* saying “just the flu” than I was by bcashers saying “bitcoin cash is bitcoin”This event is exposing a lot of dummies.
- From ZenSells:
Who has bitcoin cash available and wants stacked accounts!