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Bitcoin Cash price falls below $250

Bitcoin Cash price falls below

On the 7th of April, Bitcoin Cash fell to $251. The cryptocurrency completed the day’s trade while staying between the $246.00 and $268.00 levels on the price chart.

1-Day Bitcoin Cash Price Analysis (7th April)

Bitcoin Cash Price Chart

Bitcoin Cash Price Chart by TradingView

Similar to other altcoins, the cryptocurrency has fallen a few levels on the price chart for the 7th of April, after it had seen a bullish momentum on the previous day. The coin stood at the $258 level at 00:00 GMT, while it fell towards the $254.00 mark in the first quarter of the day. Bitcoin Cash saw an uptrend towards 12:00 GMT, and it rose across the $266.00 level to reach a day’s high of $266.127495 US Dollars. Closer to the end of the 7th of April, the cryptocurrency turned bearish and fell below the $248.00 mark to reach a low of $247.210358 US Dollars. Bitcoin Cash closed the day with a trading value of $251.8700 US Dollars.

Bitcoin Cash: technical indicators

Bitcoin Cash Featured Price Chart

Bitcoin Cash Price Chart by TradingView

The 20-Day Exponential Moving Average (EMA) closed at the $251.655520 mark, while the 50-Day Moving Average (MA) closed below the 20EMA, at $251.019200. The Relative Strength Index (RSI) closed at 52.85.

Featured Image by William Iven.

Disclaimer: The information provided is not trading advice but an informative analysis of the price movement. Cryptopolitan holds no liability towards any investments based on the information provided on this page.

Aroosa Nadeem

Aroosa Nadeem

A media graduate and passionate media person Aroosa has a knack for digital media journalism and outreach. She has contributed content to different digital media publishers in a variety of areas including technology, health and finance.

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