Bitcoin Cash May Seek the Next Support at $296
- Bitcoin Cash falls to 300 USD after losing 2.10%.
- The next support of the coin may fall at 296 USD.
Bitcoin Cash has been religiously following the market trend, especially the king, Bitcoin. It has lost 2.10% in the last 1 day and now it is being traded near 300 USD. The coin has shown four major price shifts in the last 24 hours. In the short-term, the coin may see a dip little further.
BCH Price Statistics-
|Bitcoin Cash||09th September 04:52 UTC|
|ROI (Return on Investment)||-45.77%|
|Coin Circulation||17,992,963 BCH|
|Market Cap||5,446,601,233 USD|
|Value in USD||300.82 USD|
|Value in BTC||0.02921808 BTC|
|24h Volume||1,284,616,797 USD|
BCH to USD Price Comparison-
Bitcoin Cash was at 300 USD at the starting of the yesterday and within almost 4 hours, it gained 10.39 USD to reach 310 USD. Later, BCH Value fell by 4.78% to reach 295.92 USD by 11:08 UTC. The third swing happened over the next three and a half hours and it reached 307.42 by 14:36 UTC after a 3.90% increment. The last swing was a collective one and having two phases the coin lost 2.40% in the next 14 hours. The break happened 9 hours after near 308 USD, the starting point of the swing. At around 23:30 UTC the coin was being traded at 307 USD. The current value is roaming around 300 USD.
Bitcoin Cash Price Prediction-
According to Bitcoin Cash Price Prediction, Bitcoin Cash is one of the top-ranked coins and the recent decline in the value is no exception to the whole market condition. In the medium-term, the coin may fall to the support of 296.22 USD. Investing in BCH for the short term may not be that fruitful as the long-term investment will be. And, it is also expected that by the end of 2025 or 2026, the BCH price will see tremendous growth.
|Bitcoin Cash (BCH)|
|1st Resistance||311.0966667 USD|
|2nd Resistance||315.1833333 USD|
|3rd Resistance||320.5766667 USD|
|1st Support Level||301.6166667 USD|
|2nd Support Level||296.2233333 USD|
|3rd Support Level||292.1366667 USD|