Bitcoin Cash price falls below $186.50 just as December 22 concludes.
Bitcoin Cash Price 24-Hour Analysis
The Bitcoin Cash / USD trading pair shows sharp rises and falls in the trading price throughout the 1-Day analysis. According to the price chart, the cryptocurrency started just above 187.00 USD, before it dived below $186.50, and retraced above $187.00, and went below $186.50 again. After 1:30 GMT, the cryptocurrency saw bears that took the price line below the $186.00 mark on the price chart, immediately after which the coin retraced towards $187.50. After 10:00 GMT, the cryptocurrency was led by bulls towards the 188.50 US Dollar price mark, under which the coin was able to score its day’s high. After ruffled price variations, the cryptocurrency closed the day with a price that neared 187.00 US Dollars.
Moving Average Convergence Divergence (MACD)
The Relative Strength Index has been seen, varying between the safe levels (30 and 70). As of now, the RSI stands at 45.69. The MACD lines have traced their paths between the $186.00 and $188.50 marks on the detailed price chart posted above. The 20-Day Exponential Moving Average (EMA) was seen closing the day with a value of $186.70, while the second technical indicator, the 50-Day Simple Moving Average (SMA), stood at $186.90 at the time of writing.
Featured Image Background by Adriel Kloppenburg.