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Home News Bitcoin Cash News

Bitcoin Cash price moved across $229.50: what’s next?

Aroosa Nadeem by Aroosa Nadeem
March 28, 2020
in Bitcoin Cash News
2 min read
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The Bitcoin Cash price shows ruffled price movements on the 26th of March. The coin reached across the $229 mark and traded within a day’s range of $218 to $229.5.

1-Day Bitcoin Cash Price Analysis (26th March)

Bitcoin Cash Price Chart

Bitcoin Cash Price Chart by TradingView

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The cryptocurrency began the day’s trade below the $218 level and after which it saw bulls across the $228 level. The coin exhibited an uptrend across the $228.00 mark in the first quarter of the day. The BCHUSD pair’s price line showed dishevelled price movements for the rest of the day until it saw another uptrend across the $228 level closer to the end of the day. The cryptocurrency closed the day with a trading value of $229.50 US Dollars which was also the day’s high for the 26th of March.

Bitcoin Cash: technical indicators

Bitcoin Cash Featured Price Chart

Bitcoin Cash Featured Price Chart by TradingView

The Relative Strength Index (RSI) remained between its usual range of 30.00 to 70.00. The RSI turned bullish before it closed on the 26th of March, where it stood at the 71.07.

On the 26th of March, the 20-Day Exponential Moving Average (EMA) closed at $226.429947, while the 50-Day Moving Average (MA) was observed at $225.535400 at the time time.

Featured Image

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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