Price Analysis

Bitcoin Cash Price Analysis: Bitcoin Cash (BCH) Step Downs And Touches $400 Mark

eToro

Bitcoin Cash (BCH) is rolling down since the beginning of the day. Apparently, the current downfall was expected as the altcoins were hitting huge counters, and the market had to come under selling pressure. We are anticipating that the coin will soon regain its momentum and will be seen touching new highs.

Let’s have a look at the current statistics of Bitcoin Cash.

eToro Crypto

Bitcoin Cash Price Current Statistics:

The chart is taken from TradingView on 28th June 2019, at 07:24:43 UTC.

Bitcoin Cash Price Chart - 28 June
Bitcoin Cash Price Chart

Looking at the chart of past days, the coin started dropping from yesterday. The first major drop happened took place from $489.2 to $454. The registered drop was of 7.1%. The next drop took the price from $454 to $414, and regression was marked at 8.83%. The coin touched a low at $384. However, in the last few hours, coin reflected a recovery and closed at $412. The regression of the entire day was about 15.86%.

Today, the coin opened at $412. The coin touched $397 during the first hour and marked a drop of 3.76%. The coin immediately recovered and touched $412 from $397.

Particulars Bitcoin Cash (BCH)
Price USD 420.79 USD
Market Cap 7,516,193,048 USD
Return on Investment (ROI) -24.30%
Circulating Supply 17,862,275 BCH
Rank 4
24 hr volume $3,189,369,283 USD

Bitcoin Cash Price Prediction and Conclusion:

Bitcoin coin (BCH) was seen dealing around $520. The coin is expected to touch the level soon. The coin might be seen at $550 by the end of 2019. For now, we are quite positive about the coin, and the investment in BCH will draw huge returns 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.

Related Articles

Back to top button