The Bitcoin Cash price line fell below the $152 mark before it saw some price recovery towards the $180 mark on the price chart for the 17th of March. The coin trades within a day’s trading range of $169.44 — $198.00.
1-Day Bitcoin Cash Price Analysis (16th – 17th March)
The coin stood at the $180 at the start of the 16th of March, while it saw a bearish momentum closer to 06:00 GMT and the price line fell below the $152 level to reach a day’s low of $150.39 US Dollars at noon. BCH saw bulls which led the price line back towards the $180 mark on the 17th of March. The cryptocurrency closer the 1-Day price analysis for the 16th of March, with a trading value of $173.47 US Dollars.
After rising across the $192 to score a day’s high of $192.86 US Dollars, the price retreated to the $180 mark, where it currently trades with a value of $179.70 US Dollars.
Bitcoin Cash: predictive analysis
The 20-Day Exponential Moving Average (EMA) concluded at the $179.44 mark by the end of the 24-Hour price analysis. The 50-Day Moving Average (MA) can be seen at the $180.50 level. The Relative Strength Index (RSI) stood below the level 50.00, at 48.70.
Featured Image by Adam Nowakowski.
Disclaimer: The information provided is not trading advice but an informative analysis of the price movement. Cryptopolitan.com holds no liability towards any investments based on the information provided on this page.