Price Analysis

Bitcoin Cash (BCH) Price Takes The High Road; Indicating Price Rally

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  • Bitcoin Cash (BCH) rides the bulls on the intraday chart.
  • The traders are expected to have a great day ahead.

Bitcoin (BTC) price has been escalating on the price chart. The coin is anchoring many coins in the market today. Bitcoin Cash is among the same. Thus, BCH is reflecting a relevant improvement in the chart having $5,142,535,958 (Market Cap Value) for the intraday traders.

Bitcoin Cash is a result-giving coin. We are positive about the future of the coin, hence investing in Bitcoin Cash wouldn’t go futile.

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Current Statistics of Bitcoin Cash:

  • The coin is trading at $287.61.
  • The ROI (Return on Investment) marked around -48.55%.
  • The 24hr volume of the coin is $1,036,375,219.
  • The market cap is noted as $5,142,535,958.
  • 17,980,788 BCH coins are circulating in the market.

BCH to USD Price Comparison:

The price analysis is done with the help of Trading View chart of 2nd September 2019 at 09:25:37 UTC.

BCH Price Prediction
BCH Price Chart by TradingView

Yesterday, the coin started dealing at $278. The price escalated to $281 by 1.12%. Later, the price fell by 2.32%. The price counters changed from $280 to $273. Immediately after the fall, the coin jumped from $273 to $282 by 3.28%. The coin closed with a progression of 1.30% at $282. Today, the day opened with a slight regression of 0.37%. The price switched from $282 to $281. Later, there was a huge leap in the graph which took the price to $287 from $281 by 0.37%.

Bitcoin Cash Price Prediction and Conclusion:

Bitcoin Cash (BCH) had a power-packed week. The coin recovered, fell, and was even seen trying to hold up at a level. All this indicates that the coin has great potential. The future prospect of the coin is also speculated to be good.

We would suggest the interested traders dig in for a long term plan with Bitcoin Cash (BCH) for drawing high dividends in the future.

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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