Bitcoin Cash 4 Hour Price Update
Updated July 07, 2020 03:19 PM GMT (11:19 AM EST)
The back and forth price flow continues for Bitcoin Cash, which started the current 4 hour candle off at 237.25 US dollars, down 0.56% ($1.33) from the last 4 hour candle. 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 entered today at $242.39, up 8.85% ($19.71) from the day prior. 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, the day prior was pretty good: Bitcoin Cash bested all 5 of the assets in the Top Cryptos class 🙂 Let’s take a look at the daily price chart of Bitcoin Cash.
Bitcoin Cash Technical Analysis
Moving average crossovers are always interesting, so let’s start there: Bitcoin Cash crossed above its 20, 50 and 100 day moving averages yesterday. The clearest trend exists on the 30 day timeframe, which shows price moving down over that time. For additional context, note that price has gone down 8 out of the past 14 days.
Overheard on Twitter
For laughs, fights, or genuinely useful information, let’s see what the most popular tweets pertaining to Bitcoin Cash for the past day were:
- 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.