Price Analysis

Bitcoin Cash Price Analysis: Bitcoin Cash (BCH) Progressed Almost 200% In Two Quarters

The market is about to complete almost two quarters. Bitcoin cash opened at $162 at the beginning of the year and is now dealing at $478. In the past six months, BCH has shown enormous improvement. The coin is gaining popularity and is expected to grow more in terms of price on the chart.

Based on the data of the last two days, the coin has shown a remarkable improvement. The coin reflected fluctuation in the price chart, which continued till today. The coin is expected to move up and give good result to the intraday traders.

BCH Current Statistics:

The price of Bitcoin Cash chart is taken from TradingView on 25th June 2019, at 08:09: 31 UTC.Bitcoin Cash price chart - june 25

As per the given BCH chart, the first quarter of the coin was behaving moderately. The coin escalated from $162.6 to $166 and reflected progression by 3.7%. The second quarter was however powered packed. In April 2019, the coin jumped from $166 to $266 by marking an increase of 60.41%. Next jump was from $266 to $435 in May 2019. The progression was noted as 64.49%. The coin has shown an escalation of 192% in the second quarter as the price jumped from $166 to $478. The same is speculated for the next quarter too.

ParticularsBitcoin Cash (BCH)
Price (BCH to USD)478.63 USD
Market Capitalization8,511,040,318 USD
Rank4
24-hour volume1,924,512,830 USD
Circulating Supply17,856,713 BCH
Return on Investment-14.26%

Bitcoin Cash Price Prediction and Conclusion:

Bitcoin Cash is expected to rise in the intraday chart. The coin is likely to give positive results in the coming years. The coin might cross $550 by the end of 2019. The long term and short term investors can expect a good result in the near future.

Tags

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.
Back to top button
Close