The Bitcoin Cash price line shows dishevelled price movements on the price charts for the 17th and 18th of March. The cryptocurrency showed price peaks and falls within a day’s range of $170.00 — $186.25. Trading view analyst profitable_Meduza is of the opinion that the top 20 altcoins will bleed while BTC will head to 3K once again.
1-Day Bitcoin Cash Price Analysis (17th – 18th March)
Bitcoin Cash Price Chart by TradingView
The cryptocurrency stood right above the $170 level at the start of the 17th of March, after which the price line saw bulls towards the $182.50 level and it showed ruffled price movements over the price chart for the rest of the 24-Hour price analysis. The coin saw a day’s high of $192.96 US Dollars on the 17th of March, after which it came back near the $182.50 mark.
The coin closed on the 17th of March with a trading value of $183.76 US Dollars and it saw a bearish momentum which caused the price line to lower itself towards the $170 mark. After seeing itself to a price recovery, the coin currently trades at the $180.21 mark.
Bitcoin Cash: predictive analysis
Bitcoin Cash Featured Price Chart by TradingView
profitable_Meduza believes that while Bitcoin heads to 3K again, the top 20 altcoins will bleed more than the Bitcoin. The crypto analyst suggested that the coins will bleed 5% more as compared to BTC.
Featured Image by Markus Spiske.
Disclaimer: The information provided is not trading advice but an informative analysis of the price movement. Cryptopolitan.com holds no liability towards any investments based on the information provided on this page.
Leave a Reply