Bitcoin Cash 4 Hour Price Update
Updated July 23, 2020 03:20 PM GMT (11:20 AM EST)
Bitcoin Cash closed the last 4 hour candle down 0.37% ($0.87); this denotes the 4th candle in a row a decline has happened. 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
Bitcoin Cash is up 4.2% ($9.68) since the previous day, marking the 2nd day in a row an increase has occurred. As for how volume fared, yesterday’s volume was up 42.34% from the previous day (Tuesday), and up 66.13% from Wednesday of the week before. Out of the 5 instruments in the Top Cryptos asset class, Bitcoin Cash ended up ranking 2nd for the day in terms of price change relative to the previous day. The daily price chart of Bitcoin Cash below illustrates.
Bitcoin Cash Technical Analysis
Notably, Bitcoin Cash crossed above its 50 and 100 day moving averages yesterday. The clearest trend exists on the 90 day timeframe, which shows price moving down over that time. Or to view things another way, note that out of the past 10 days Bitcoin Cash’s price has gone down 6 them.
Overheard on Twitter
Over on Twitter, here were the top tweets about Bitcoin Cash:
- From paoloardoino:
#Tether USDt contributes to an important share of onchain volume over Bitcoin (via Omni), Ethereum and Tron blockchains.Tether is available on: Omni (Bitcoin), Ethereum, Tron, Liquid (Bitcoin), EOS, Algorand, SLP (Bitcoin Cash), OMG (Ethereum, still WIP) and more coming.
- From p0oker:
Unpopular opinion: Rebranding Bitcoin Cash with the name “Cash” would improve its image and adoption.
- From jwolperts:
The pitch for Bitcoin in 2011 is the same pitch for Bitcoin Cash in 2020.You can send or receive any amount of money with anyone in the world, instantly, basically for free, anonymously, and there is nothing that anyone can do to stop it.