Price Analysis

Bitcoin Cash (BCH) Surges By 2.33% to Keep Uptrend Intact

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Bitcoin Cash (BCH) started the uptrend yesterday. It has managed to keep the uptrend intact and still moving up. The coin is a result-yielding coin. The traders who have already invested in the coin might be aware of the momentum in the price of BCH. The market also seems supportive of Bitcoin Cash (BCH). The future prospect with a coin is also promising.

Talking about intraday trading, the coin might help the traders to book profits. Let’s have a look to understand the momentum of the coin.

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BCH to USD Intraday Price Chart:

The chart is taken from Trading View on 04th September 2019 at 08:31:19 UTC for price analysis.

Bitcoin Cash (BCH) Price
Bitcoin Cash Chart By TradingView

Looking at the chart, we can observe that the price has taken the high road in Bitcoin Cash (BCH). Yesterday, the coin opened with an escalation. The price jumped from $293 to $297 by 1.54%. Later, there was another escalation of 3.86%. The price counters changed from $293 to $305. The coin closed at $301 with an intraday uptrend of 2.68%. Today, the coin opened with a fall. The price counters changed from $301 to $297 by 1.11%. The coin is keeping at tight momentum at $297.

Summary of Bitcoin Cash:

  • The price of BCH is at 297.73 USD.
  • The ROI (Return on Investment) is marked as -46.44%.
  • The 24hr volume is noted as 1,433,880,299 USD.
  • The market cap is at 5,354,404,617 USD.
  • 17,984,313 BCH coins are currently circulating in the market.

Bitcoin Cash Price Prediction and Conclusion:

Bitcoin Cash (BCH) is expected to give flourishing result in the coming time. The coin has embarked a good momentum and is likely to move ahead with the same. The coin is expected to give the best result to the long term traders. The short term investment looks a bit risky.

Mehak Punjabi

Mehak Punjabi is a post graduate in MBA with specialization in Finance and has joined CryptonewsZ with a skill building view in the world of cryptocurrency and blockchain. She is dynamic and a quick learner with a hold on financial analysis.

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