Bitcoin Cash Price: upsurge towards $210

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Bitcoin cash price heads over the $210 level towards the end of November 25 after its recent drop below the $195 level.

Bitcoin Cash/USD 24-Hour Price Analysis:

Bitcoin Cash Price Chart

Price Chart by TradingView

The cryptocurrency shot up across the $210 mark after the trading pair had slipped below 195.0 US dollars. The BCH/USD trading pair saw bulls once it reached the $197.5 level, after which the price line depicted an abrupt upward movement that stretched to a peak of $213.9. Bitcoin Cash experienced a short-lived pullback which was followed by another increase in price, during which the cryptocurrency was able to score its day’s high at $216.7.

The price line showed a ruffled pattern of movements for the rest of the 1-Day analysis. Currently, Bitcoin Cash trades at 213.3 US dollars.

Bitcoin Cash Price Analysis: Technical Analysis

Bitcoin Cash Price Chart

Bitcoin Cash Price Chart by TradingView

After starting its day in the green region, the price faced a pullback where it slipped into the red area that is shown below the $198 level. The cryptocurrency stayed in the red zone for approximately 3-Hours after which it encountered bulls that lead the price line across the $210 mark. The 20-Day Exponential Moving Average (EMA) closes at $212.3, while the 50-Day Simple Moving Average (SMA) rests at 212.2 at the time of writing. The Relative Strength Index (RSI) is just below level 50, at 49.81.

Featured Logo by BitcoinCash.

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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