Bitcoin Cash 4 Hour Price Update

Updated June 06, 2020 03:19 AM GMT (11:19 PM EST)

Bitcoin Cash came into the current 4 hour candle down 0.34% ($0.88) from the open of the previous 4 hours, 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 previous 4 hours in terms of percentage price change.

The back and forth price flow continues for Bitcoin Cash, which started today off at 256.07 US dollars, down 0.14% ($0.37) from the previous day. The price move occurred on volume that was down 7.6% from the day prior, but up 33.96% from the same day the week before. On a relative basis, the previous day was pretty good: Bitcoin Cash bested all 5 of the assets in the Top Cryptos class The daily price chart of Bitcoin Cash below illustrates.

The first thing we should note is that the current price of Bitcoin Cash is sitting close to its 200 day moving averages; moving average crosses often indicate a change in momentum, so this may be worth keeping an eye on. 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. Or to view things another way, note that out of the past 30 days Bitcoin Cashs price has gone up 17 them. As for those who trade off of candlesticks, we should note that were seeing pin bar pattern appearing here.

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

Suggestion for honest names:Department of Justice -> Department of PunishmentDepartment of Defense -> Department of WarBitcoin Cash SV -> Poopity Scoop

Ive given some bitcoin cash to basically everyone Ive ever met.Its fun.

@rogerkver @CNBCFastMoney @_BitcoinSV @BCHmeetups @CalvinAyre @Investingcom @MONEY @planetmoney @BitcoinCashFans To join your point of view, you should definitively take a look at @tixlcurrency, all your points on Bitcoin Cash are applicable to their #SecondLayerSolution : Fast, low Fee + Privacy ! $MTXLT and the #AutobahnNetwork will bring adoption by transforming BTC and BTCC into cash

As for a news story related to Bitcoin Cash getting some buzz:

Roger Ver Donates $10K in Bitcoin Cash to Casa de Amparo Childrens Shelter | Featured Bitcoin News

Your ad here by Jamie Redman Just recently Bitcoin.coms Roger Ver donated $10,000 worth of bitcoin cash to the charitable organization Casa de Amparo, a 501(c)(3) charity that helps children escape child abuse and neglect.On June 1, 2020, Bitcoin.coms Roger Ver donated $10,000 in bitcoin cash to Casa de Amparo.Vers gift of $10K worth of bitcoin cash to Casa de Amparo will go to children in need and kids who deserve shelter.A Number of Hong Kong Vending Machines Support Bitcoin Cash Payments Over BTC Just recently, cryptocurrency evangelist Roger Ver shared a video on Twitter that shows a number of vending machines in Hong Kong that accept bitcoin cash and ethereum, but not bitcoin.Crypto Firm Uquid Launches Marketplace- 30,000 Digital Products, Bitcoin Cash Support On May 28, 2020, the digital currency and blockchain company Uquid has announced that the Uquid Shop is now live and accepting cryptocurrencies like bitcoin cash for payments.

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Bitcoin Cash (BCH) Down $0.88 On 4 Hour Chart, Started Today Down 0.14%; in an Uptrend Over Past 14 Days - CFDTrading