Bitcoin Cash price reaches the 205 US dollar mark on December 11.
Bitcoin Cash Price Analysis: December 11
After starting at the $207.50 mark, the Bitcoin Cash price line head directly below the 205.00 US dollar level. It saw multiple bulls and bears over its 24-Hour journey, thus depicting various price jumps and price falls. The cryptocurrency saw its daily-low in the afternoon of December 11, where the price line sunk below the $204.50 level and reached a low of $204.39.
In the last hours of the day, the cryptocurrency retraced above the $206.00 level and peaked to another value above the $207.50 mark just as December 11 came to an end. Currently, Bitcoin Cash is at a trading value of $205.70, and it has a day’s range of $204.31 to $207.53.
Moving Average Convergence Divergence
The cryptocurrency has not experienced any oversold or overbought instances for December 11, thus the Relative Strength Index has been seen in-between the safe levels (30 and 70).
Bitcoin Cash has a market capitalization of 3,758,126,280 dollars as per coinmarketcap.com. The 20-Day Exponential Moving Average (EMA) has been seen with a closing value of 206.09, while the 50-Day Moving Average (MA) was seen at 205.93.
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