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Bitcoin Cash Price: frequent gains and falls

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TL;DR

Bitcoin Cash Price stretches over a wide range of price levels between the first two days of December 2019.

Bitcoin Cash Price 24-Hour Price Analysis:

BCH Price Chart

Price Chart by TradingView

After starting at $217.75, the cryptocurrency’s price line faced an abrupt decrease in the price line, which took the price near the $210 level. The cryptocurrency showed ruffled price movements between the $210 and $214 levels, while it also marked its day’s low of 209.84 US dollars. The price line retraced back and across the $217 level, where it scored its daily-high of 217.94 US dollars.

The trading pair followed a couple of pullbacks, which took it below the $212 level and then below the $210 level. As of December 2, the cryptocurrency managed to recover its price while it currently trades at 214.00 US dollars.

Detailed Analysis

Bitcoin Cash Price

Bitcoin Cash Price Chart by TradingView

According to the Bitcoin Cash price chart posted above, the moving averages do not depict long-lasting variations in the trading pair’s price line. The 20-Day Exponential Moving Average is seen at $214.20, while the 50-Day Moving Average closes at $213.45. The Relative Strength Index lies below level 50, at 49.45. As per coinmarketcap.com, Bitcoin Cash has a market capitalization of 3,883,001,436 US dollars.

 

Featured Logo by BitcoinCash.

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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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