Bitcoin Cash’s Latest Daily Transaction Count Stands At 93301

The Daily View for Bitcoin Cash

  • At the time of this writing, BCH’s price is down $-1.89 (-0.38%) from the day prior.
  • This is a reversal of the price action on the previous day, in which price moved up.
  • As for the trend on the daily timeframe, we see the clearest trend on the 100 day timeframe.
  • Of note is that the 20 day changed directions on BCH; it is now pointing down. 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.

Bitcoin Cash’s hourly price chart is shown below.

BCH

The Daily View for Bitcoin Cash

  • At the moment, BCH’s price is down $-1.54 (-0.31%) from the day prior.
  • This move is a reversal from the day prior, which saw price move up.
  • Regarding the trend, note that the strongest trend exists on the 100 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

  • BCH’s daily large transaction count now stands at 948.
  • Over the past 29 weeks, the trend for BCH’s number of daily new addresses has been choppy and unclear. It has oscillated between 0 and 80825.
  • BCH has a daily large transaction count of 948, down 12.14% from its value day prior.

Featured Bitcoin Cash Idea From TradingView

Below is a trading comment entitled Trading recommendation for BCH 09/30/2021 you may find interesting:

In the $498 resistance zone, a large number of dynamic limit sell orders are placed. When testing this zone, there is an imbalance of supply over demand.Sale in the zone 498$-500$Stop loss 509$Take profit 482$.

Maxones