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Home News Bitcoin Cash News

Bitcoin Cash price falls to $221

Aroosa Nadeem by Aroosa Nadeem
April 15, 2020
in Bitcoin Cash News
2 min read
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The BCH price line showed a dishevelled price trend on the 14th of April. The cryptocurrency fell towards the $221 level after the day’s trade.

1-Day Bitcoin Cash Price Analysis (14th April)

Bitcoin Cash Price Chart

Bitcoin Cash Price Chart by TradingView

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BCHUSD pair began the day with a price right above the $224.00 level while it reached the day’s high across the $228 mark near 04:00 GMT. The day’s high for the 14th of April was $228.78 US Dollars. The cryptocurrency fell below the $221 after experiencing bears. The coin reached a day’s low of $220.75 US Dollars, after which it rose across the $227 level. The price line gradually moved down on the chart as the day came towards its end. BCHUSD concluded the day with a trading value of $221.80 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 below the 50-Day Moving Average (MA), at $223.42. While the 50MA moved above the 20EMA after 17:30 GMT, and closed at $223.61.

The Relative Strength Index (RSI) fell to a low of 21.14 after the cryptocurrency turned bearish near 06:30 GMT. The coin was oversold at that point and the RSI closed at 37.11.

Featured Image by 200 Degrees.

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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