Bitcoin Cash 4 Hour Price Update

Updated May 02, 2020 11:17 AM GMT (07:17 AM EST)

254.63 (USD) was the opening price of the four-hour candle for Bitcoin Cash, resulting in the previous 4 hours being one in which price moved up 0.6% ($1.52) from the previous 4 hours. Relative to other instruments in the Top Cryptos asset class, Bitcoin Cash ranked 3rd since the previous 4 hours in terms of percentage price change.

254.87 (USD) was the opening price of the day for Bitcoin Cash, resulting in the day prior being one in which price moved up 1.89% ($4.72) from the day prior. The change in price came along side change in volume that was down 69.27% from previous day, but up 18.78% from the Friday of last week. Out of the 5 instruments in the Top Cryptos asset class, Bitcoin Cash ended up ranking 4th for the day in terms of price change relative to the day prior. The daily price chart of Bitcoin Cash below illustrates.

Trend traders will want to observe that the strongest trend appears on the 14 day horizon; over that time period, price has been moving up. Also of note is that on a 30 day basis price appears to be forming a base which could the stage for it being a support/resistance level going forward. For another vantage point, consider that Bitcoin Cashs price has gone up 17 of the previous 30 trading days.

Over on Twitter, here were the top tweets about Bitcoin Cash:

Need more of the Bitcoin Cash community following this account#Followback #BitcoinCash #BCH

URGENT!!!!#Bitcoin cash stock to flow model suggests value of 90 000 usd by the end of 2020!!!

@zebpay @eth_us @Xerksis1 Zebpay is crediting bitcoin cash BCH after 10 confirmations to Zebpay wallet. It way too much wait for traders.

Original post:

Bitcoin Cash (BCH) Up $1.52 On 4 Hour Chart, Started Today Up 1.89%; Price Base in Formation Over Past 30 Days - CFDTrading