Since Bitcoin Cash coin is undervalued as of now, it might be an ideal time for the trader to jump in the network. All the followers are seen tweeting the same thing again and again. But you might want to hold your position for a while to enjoy the returns in the near future.
Bitcoin Cash Price Analysis
BCH price is currently trading at $305.1 at 06:41 UTC on 28th July 2019. The other calculated factors are as follows:
- Return on Investment: -44.87%
- Total supply/Circulating Supply: 17,915,725 BCH/ 17,915,725 BCH
- 24 Hour Volume: 1,443,389,162 USD
- Market Cap: 5,490,186,562 USD
- 7 Day high/low: 327.25 USD / 284.73 USD
BCH to USD Price Comparison
Yesterday, the highest touchdown was seen at 00:37 UTC with a trading value of $325.2. The value by 10:34 UTC was dropped by 6.74% trading at $303.3. Bitcoin Cash price went further down by 1.52% by 18:41 UTC trading at $298.8. The BCH to USD value today at 04:33 UTC was escalated by 3.10% with the trading value changed to $308.1. BCH price from then is seen slightly dropping by 0.96% as of now.
Bitcoin Cash Prediction and Conclusion
According to BCH Price Forecast, the price movement in Bitcoin Cash will improve soon. But currently, BCH coin is currently seen trading in the downtrend, and since it is on the lower touchdown, it might be a right call for the new traders to ‘buy’ Bitcoin Cash. For a safer bid, you might want to consider the resistance and support levels calculated as follows:
Resistance Levels: R1: 318.04, R2: 329.45 and R3: 337.19
Support Levels: S1: 298.89, S2: 291.15 and S3: 279.74