Wondering About Bitcoin Cash’s Latest Daily Transaction Count? Read to Find Out

The Daily View for Bitcoin Cash

  • At the time of this writing, BCH’s price is up $3.23 (0.48%) from the day prior.
  • It’s been a feast for bulls operating on the daily timeframe, as Bitcoin Cash has now gone up 5 of the past 5 days.
  • From a daily perspective, the market looks fairly choppy; clear trends aren’t showing up on the 20, 50 and 100 day timeframes.
  • 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 time of this writing, BCH’s price is up $3.18 (0.47%) from the day prior.
  • The daily chart shows that Bitcoin Cash has seen 2 straight up days.
  • If you’re a trend trader, consider that the strongest clear trend on the daily chart exists on the 20 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 29 weeks, BCH’s number of daily new addresses has been in a clear downtrend, falling by about 158.10 per day.
  • For BCH, its average transaction value is now at 0.
  • BCH has a daily transaction count of 0, NA NaN% from its value day prior.

Featured Bitcoin Cash Idea From TradingView

Below is a trading comment entitled Bitcoin Cash price analysis you may find interesting:

Bitcoin Cash price analysis suggests upwards movement to $700The closest support level lies at $640BCH faces resistance at the $680 mark.The Bitcoin Cash price analysis shows that after failing to climb above the $720.00 mark, the sellers broke the $680.00 sup…

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