Bitcoin Cash 4 Hour Price Update
Updated July 07, 2020 07:19 PM GMT (03:19 PM EST)
Bitcoin Cash is down 0.31% ($0.75) since the last 4 hour candle, marking the 2nd candle in a row it has gone down. Relative to other instruments in the Top Cryptos asset class, Bitcoin Cash ranked 4th since the last 4 hour candle in terms of percentage price change.
Bitcoin Cash Daily Price Recap
242.39 (USD) was the opening price of the day for Bitcoin Cash, resulting in yesterday being one in which price moved up 8.85% ($19.71) from yesterday. The price move occurred on stronger volume; specifically, yesterday’s volume was up 239.12% from the day prior, and up 101.63% from the same day the week before. On a relative basis, yesterday was pretty good: Bitcoin Cash bested all 5 of the assets in the Top Cryptos class 🙂 Below is a daily price chart of Bitcoin Cash.
Bitcoin Cash Technical Analysis
First things first: Bitcoin Cash crossed above its 20, 50 and 100 day moving averages yesterday. Trend traders will want to observe that the strongest trend appears on the 30 day horizon; over that time period, price has been moving down. Or to view things another way, note that out of the past 10 days Bitcoin Cash’s price has gone up 6 them.
Overheard on Twitter
Over on Twitter, here were the top tweets about Bitcoin Cash:
- From MASTERBTCLTC:
@jonnylitecoin Our company accepts crypto. We see more PayPal payments & then litecoin payments compared to bitcoin, we also have seen ZERO bitcoin cash payment & ZERO with etherum People want to pay with litecoin #ltc🚀 #litecoin🚀
- From 1MightBePenguin:
@rogerkver Everyone out here is shitting on Bitcoin Cash, but completely missing out on the point that crypto is supposed to be censorship resistant, and it’s only consistent to apply those values to your community.
- From Wecx3:
@rogerkver @Ojjordan5 There is a lot more free speech in the Bitcoin Cash community than the other two. It’s not perfect, but it’s better.
