Price Analysis

Bitcoin Cash Price Analysis: Bitcoin Cash (BCH) Price Revive; Back At $420

Bitcoin Cash (BCH) is back with the bulls. The price surge is expected to last. Bitcoin anchors the coin. In the last couple of days, the coin was seen struggling. Bitcoin breached $12,000, but coin couldn’t retain itself at the level. The coin fell tremendously and took the market down with itself.

Bitcoin Cash was the victim of the same. The coin fell tremendously to $382 after touching $520. However, the storm seems to have passed, and we are waiting for a good time.

Bitcoin Cash (BCH) price analysis:

BCH Price Chart - 3 July
BCH Price Chart

As per the price chart of Bitcoin Cash (BCH) from Trading View on 3rd July 2019, at 03:20:42 UTC, the coin is reflecting a downfall and later an uptrend. Yesterday, the coin opened with $421 and dropped to $404, giving a drop of 4.03%. The coin dropped for the second time from $412 to $390 and registered a loss of 5.13%. The third major drop was of 5.71% where the price shifted from $404 to $381. The coin registered a cumulative loss of 3.56% during the day as the opening price was $421 and the closing price was $406.

Today, the coin opened with a sign of recovery. The coin jumped from $408 to $416 and booked a profit of 1.96%.

Particular Bitcoin Cash (BCH)
Price (USD)413.62 USD
Market Capitalization7,391,775,621 USD
24hr volume2,003,950,272 USD
Rank5
ROI (Return on Investment)-25.59%
Circulating supply17,871,088 BCH

Bitcoin Cash Price Prediction and Conclusion:

Bitcoin Cash (BCH) is anticipated to rise in the market. The upsurge will lead to trade the coin beyond $500 to $550 by the end of 2019. The short-term and long-term investments will give huge dividend on investment. The investors can dig in and book profits.

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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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