Wondering About Bitcoin Cash’s Latest Count Of Active Addresses? Read to Find Out

The Daily View for Bitcoin Cash

  • Currently, BCH’s price is down $-0.91 (-0.13%) from the day prior.
  • This is the 2nd day in a row Bitcoin Cash has seen its price head down.
  • From a daily perspective, the market looks fairly choppy; clear trends aren’t showing up on the 20, 50 and 100 day timeframes.
  • Price action traders may also wish to note that we see a pin bar candlestick pattern on Bitcoin Cash. Given that we see an uptrend on the 20 and 10 daily candle timeframe, and that such candlestick patterns often denote reversals, this may be worth noting.
  • The moving averages on the daily timeframe suggest a bullishness in price, as the 20, 50, 100 and 200 are all in a bullish alignment — meaning the shorter durations are above the longer duration averages, implying a sound upward trend.

Bitcoin Cash’s hourly price chart is shown below.

BCH

The Daily View for Bitcoin Cash

  • At the moment, BCH’s price is down $-1.4 (-0.2%) 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 50 day timeframe.
  • Price action traders may also wish to note that we see a pin bar candlestick pattern on Bitcoin Cash. Given that we see an uptrend on the 10 daily candle timeframe, and that such candlestick patterns often denote reversals, this may be worth noting.
  • 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 has an average transaction value of 0, NA NaN% from its value day prior.
  • Over the past 29 weeks, the trend for BCH’s daily transaction count has been choppy and unclear. It has oscillated between 0 and 370454.
  • For BCH, its number of daily new addresses is now at 0.

Latest News Discussing BCH