Price Analysis

Bitcoin Cash Price Analysis: Third Quarter Opens With Blood Rush In Bitcoin Cash (BCH)

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The third quarter embarks on the price chart of the crypto market. The first day of the month has turned to a disappointing day, but we still have high hopes with the coin. The last month of the second quarter was a wild month altogether. The coin touched a high of $522 and low at $368.95 USD.

If we look at yesterday’s high low price, then the Bitcoin Cash (BCH) touched a high at 447.30 USD and low at 399.47 USD. Yesterday’s volume was at $1,933,402,678 USD. The same is expected from the coming month.

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Bitcoin Cash (BCH) Current Statistics:

The Bitcoin Cash chart is taken from Trading View on 01st July 2019, at 01:54:22 UTC.

Bitcoin Cash Price Chart - 01 July

The BCH price chart is reflecting the price momentum in the last 5 days. On 26th June, the coin opened at $476. It jumped till $515 and marked the growth of 8.24%. The same day, the coin dropped from $515 to $457 and booked a loss of 11.78%. The coin opened at $491 and closed at $411 on 27th June. The regression was marked by 16%. However, 28th and 29th June were better than the last two days as they registered moderate recovery. 30th June was again a disappointing day, as the coin fell from $446 to $398 and book a loss of 10.77%.

Today, the coin opened with a stable situation. The current Bitcoin Cash price is dealing in between $410 and $420.

Particulars Bitcoin Cash (BCH)
Rank 5
ROI (Return on Investment) -26.30%
24hr volume 1,945,108,021 USD
Market cap 7,320,523,351 USD
Circulating supply 17,867,850 BCH
Price 409.70 USD

Bitcoin Cash Price Prediction and Conclusion:

BCH to USD crossed $500 in June. The coin was at $500 in November 2018, and such enormous growth in price was nothing more than a miracle. The same is also an indication that the momentum of the price is good and it is going to remain the same for some time.

We have high hopes from the currency. In the short term and long term, investors can dig in and book profits. The marketers are also expecting high outlay of dividends from the coin.

Jodie Miller

Jodie Miller is experienced journalist. She holds double degree in journalism and communication. She joined our team as a content curator. She enjoys writing and curating contents related to finance and forex world.

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