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Bitcoin Cash price moves across $259

Bitcoin Cash price moves across

The BTCUSD pair assumed a bullish character for the 6th of April, just as the altcoins move up on their price charts. The cryptocurrency moved across the $259 mark. The coin traded between the $228.0 and $260.0 levels on the chart.

1-Day Bitcoin Cash Price Analysis (6th April)

Bitcoin Cash Price Chart

Bitcoin Cash Price Chart by TradingView

The cryptocurrency began the day’s trade with a trading value above the $232 level. The cryptocurrency saw a continuous uptrend over the price chart for the 6th of April. The coin gradually moved upwards, where it reached across the $252.00 mark near 17:11 GMT. The Bitcoin Cash / US Dollar trading pair was observed closing at the $259.790000 mark, which was also it’s highest trading value for the day.

Bitcoin Cash: technical indicators

Bitcoin Cash Featured Price Chart

Bitcoin Cash Price Chart by TradingView

The 20-Day Exponential Moving Average (EMA) closed at $256.565663, whereas the 50-Day Moving Average (MA) closed below the 20EMA, at $253.935800.

The Relative Strength Index (RSI) closed at 58.10, while it saw a day’s high of 78.54. This means that the coin was mildly overbought at 16:00 GMT.

Featured Image by krzysztof-m.

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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