- Bitcoin SV reels under selling pressure after losing 4.32% overnight
- The value against USD has gone below 111 USD from 115 USD
- Volatility in BSV’s value is likely to continue for some more days
Bitcoin SV has weakened over the last 24 hours, and with a selling sign in the intraday market, it has been through three major price variations. It has made an overall slump of 4.32% in this period.
Bitcoin SV Price Prediction
BSV coin opened the day at 115.879 USD, and over the next 7 hours and 44 minutes, it lost 5.33% value to be placed at 109.697 USD. The next variation happened between 09:00 UTC and 11:51 UTC, and in these hours, it made another loss of 5.40%, and it pushed the value to 106.065 USD, the lowest for the day. At 11:51 UTC, Bitcoin SV price started showing strength, and over the next 13 hours and 43 minutes, it made a hike of 4.53% and added 4.805 USD to touch 110.836 USD by 01:33 UTC, today.
The market cap of Bitcoin SV has witnessed a decent increment over the last 24 hours. On November 19, it was at 1.996 billion USD, and as per the latest data, it has been increased to 2.015 billion USD.
Based on the BSV price prediction showcased in the chart, it can be said that the BSV coin’s 20 days MA stands at 110.413 USD, and its 50 days MA is at 110.467 USD. The current price of the coin at 110.871 USD is 0.365% and 0.414% more than the 50 days and 20 days moving averages, respectively. As per the present trend, Bitcoin SV is on the recovery spree, and it may trade up to its next resistance 117.16 USD.
|Bitcoin SV (BSV)||Resistance and Support Levels|