Bitcoin Cash’s Latest Daily Transaction Count Stands At 0

The Daily View for Bitcoin Cash

  • Currently, BCH’s price is up $0.41 (0.15%) from the day prior.
  • It’s been a feast for bulls operating on the daily timeframe, as Bitcoin Cash has now gone up 4 of the past 5 days.
  • If you’re a trend trader, consider that the strongest clear trend on the daily chart exists on the 100 day timeframe.
  • Of note is that the 50 day changed directions on BCH; it is now pointing up. The moving averages on the daily timeframe suggest a bearishness in price, as the 20, 50, 100 and 200 are all in a bearish alignment — meaning the shorter duration moving averages are below the longer duration averages, implying a stable downward trend.

Bitcoin Cash’s hourly price chart is shown below.

BCH

The Daily View for Bitcoin Cash

  • Currently, BCH’s price is up $0.41 (0.15%) from the day prior.
  • This move is a reversal from the day prior, which saw price move down.
  • As for the trend on the daily timeframe, we see the clearest trend on the 50 day timeframe.
  • The moving averages on the daily 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.
  • Divergence between BCH’s price and its RSI may be manifesting. As such, be on the lookout for trend reversal in BCH’s price.

Below is a daily price chart of Bitcoin Cash.

BCH

The Latest From BCH’s Blockchain

  • Over the past 137 days, BCH’s daily transaction count has been in a clear downtrend, falling by about 404.58 per day.
  • For BCH, its daily transaction count is now at 0.
  • BCH has a daily transaction count of 0, NA NaN% from its value day prior.