Bitcoin Cash Price: falls to $211

Bitcoin Cash price sees a continuous downward slope towards the $210 price mark, from its high above the $220 level.

Bitcoin Cash Price Analysis for November 30:

Bitcoin Cash Price

Price Chart by TradingView

After starting its 1-Day trek with a price of 223.96 US dollars, the cryptocurrency saw a continuous bearish movement throughout the price analysis. The price moved down while depicting ruffled movements and a single pullback at 223.07 US dollars.

The cryptocurrency concluded November 30 with a price of 216.38 US dollars, after which it continued down the slope as of the 1st of December.

Bitcoin Cash reached its day’s low of 210.11 US dollars just before the 24-Hour price analysis came to an end. Currently, BCH trades at 211.05 US dollars.

Technical Analysis

Bitcoin Cash Price

Bitcoin Cash Price Chart by TradingView

The moving averages have shown a continuous decline in the 24-Hour price analysis. Although the price line has stayed in the green region for most of its journey, it slipped into the red area at the $214 level. While both of the moving averages closed the day while resting above the trading pair’s price line, the 50-Day Simple Moving Average (SMA) closed at $214.14, and the 20-Day Exponential Moving Average (EMA) rests at $211.91. The Relative Strength Index is at 39.65.

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