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Bitcoin Cash price reaches $234

Bitcoin Cash price reaches

The BCH price line crossed the $240 mark before it fell below the $224 level on the price chart for the 11th of April. The coin turned bearish and experienced a fall of around 7% in its price.

1-Day Bitcoin Cash Price Analysis (11th April)

Bitcoin Cash Price Chart

Bitcoin Cash Price Chart by TradingView

The BCH price line began the day at the $234 mark, after which it rose across the $240 level by 06:00 GMT and saw a day’s high of $240.940623 US Dollars. The cryptocurrency then fell below the $224 mark towards 20:00 GMT on the price chart for the 11th of April. Here, Bitcoin Cash saw a day’s low of $222.607529 US Dollars. The cryptocurrency returned across the $234 mark and closed the day at a price of $234.470 US Dollars.

Bitcoin Cash: technical indicators

Bitcoin Cash Featured Price Chart

Bitcoin Cash Price Chart by TradingView

The 20-Day Exponential Moving Average (EMA) closed at the $234.745551 mark, while the 50-Day Moving Average (MA) closed below the 20EMA, at $228.836000. The 50MA had moved below the 20EMA at 22:08 GMT. The Relative Strength Index (RSI) turned bullish after 21:30 GMT, and closed at 70.60.

Featured Image by Peggy und Marco Lachmann-Anke.

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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