Price Analysis

Bitcoin Cash Records 27% Dip in 30 Days Moving Below $250

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  • Bitcoin Cash slumps from $331 to $224 within the last 10 days
  • $300 remains the ultimate target for Bitcoin Cash now.

It has not been a good week for BCH holders as the coin has suddenly dipped from $331 to $224 recording over 32% dip. The current market performance of the coin shows a slow pace over the weekend, but $300 price mark remains the ultimate target.

Bitcoin Cash Price Analysis:

As on September 26, 2019, at 09:36:22 UTC, the price of Bitcoin Cash is noted to be $224, and it has recorded a downtrend of over 27% in the last one month coming down from $312 to this value. The coin was moving steadily almost through the major part of the month but started falling suddenly after September 19 and has now gone below $250.

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Bitcoin Cash Price
Bitcoin Cash Chart By TradingView

The lowest recorded value of BCH in the last 30 days was $216, and it was registered in this week as well. The highest recorded value in the last 7 days was $325, and it may take another few weeks for the coin to surge up again.

The highest recorded BCH Value in the last 90 days was $447, and its all-time-high value is around $4,355. The coin may rise as high as $350 by next month-end and may start trading between $350 and $500 by the end of this year only if it gains hefty momentum to surge.

This is a good time to plan long-term investments in the BCH token and target huge benefits.

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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