Bitcoin Cash Price: heads below $205

Bitcoin Cash price reaches the 205 US dollar mark on December 11.

Bitcoin Cash Price Analysis: December 11

Bitcoin Cash Price

Price Chart by TradingView

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

bch price

Bitcoin Cash Price Chart by TradingView

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.

 

Featured Image Background by Dario Valenzuela.