Bitcoin Cash (BCH) Up $2.64 On 4 Hour Chart, Started Today Up 9.6%; Price Base in Formation Over Past 90 Days

Bitcoin Cash 4 Hour Price Update

Updated March 24, 2020 05:34 AM GMT (01:34 AM EST)

Bitcoin Cash closed the last 4 hour candle up 1.19% ($2.64); this denotes the 4th candle in a row it has gone up. Relative to other instruments in the Top Cryptos asset class, Bitcoin Cash ranked 2nd since the last 4 hour candle in terms of percentage price change.

Bitcoin Cash Daily Price Recap

The choppiness in the recent daily price action of Bitcoin Cash continues; to start today, it comes in at a price of 221.89 US dollars, up 9.6% ($19.44) since the previous day. This move happened on lower volume, as yesterday’s volume was down 18.33% from the day before — and down 31.4% from the same day the week before. Relative to other instruments in the Top Cryptos asset class, Bitcoin Cash ranked 4th since the previous day in terms of percentage price change. Let’s take a look at the daily price chart of Bitcoin Cash.

Bitcoin Cash Technical Analysis

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. 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. For additional context, note that price has gone down 16 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 AtomisBTC:

    Phase 2 (Q2 2020) — Add New Crypto Assets: Bitcoin Cash + New Project(s) into WalleX & Secure Exchange Listings

  • From bchnotes:

    @BCHcain #Bitcoin #Cash is Easy To Use.

  • From ChurchillLloyd1:

    Crypto:
    All markets: Upward move halted quickly. Longs closed.
    Bitcoin/Bitcoin Cash//Ether/Litecoin/Ripple: Neutral No trade
    #Crypto #Bitcoin $BTC $LTC $XRP $ETH $BCH