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Price Analysis

Impressive Price Movement of Bitcoin Cash Hints Positive Indications

Bitcoin Cash (BCH) opened the day with a positive price movement. The day kept the traders hooked and looked like the rest of the day would manage to excite them. The current movement has lowered the speed, but it is anticipated that Bitcoin Cash would catch up again.

If we look at yesterday’s statistics, BCH coin was seen touching a high at 307.84 USD and a low 303.31 USD. The volume noted on yesterday was 1,205,048,956 USD.

BCH to USD Price Comparison:

Bitcoin Cash Price
Bitcoin Cash Chart By TradingView

Yesterday, the day started at $306.497. The uptrend took Bitcoin Cash to $307.676 by 0.38%. The price started falling from there. The fall took BCH price to $304.014 by 1.20%. The fall continued and the price went down to $302.271 by 0.57%. Towards the last hours, there was a slight recovery which took the price to $303.591 by 0.45%. The intraday fall was of 0.98% as the coin closed at $303.591. Today, Bitcoin Cash opened with an upsurge of 1.03%. The price jumped from $303.591 to $306.743. The escalation continued and took the price to $309.8250 by 1%. BCH price is back at $305.7930, but we are positive that it would improve in the later hours.

Bitcoin Cash Price Prediction:

BCH coin is back where it started a week ago. The currency has been through a lot in the last week. The currency touched the lowest at $294.45 in the 7-days time. The market cap of Bitcoin Cash is noted as $5,518,143,731. The 24-hour volume is at $1,172,954,043. Well, the coming days in Bitcoin Cash is anticipated to bring better days. The traders can dig-in with a high prospect of profit.

Bitcoin Cash is expected to close 2019 around $330. We would recommend the traders to pick long-term investment plan for BCH coin. The short-term investment wouldn’t give the expected result.

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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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