Bitcoin Cash (BCH) Nears $300 After a 5.18% Plunge

BITCOIN CASH BITCOIN CASH
  • Bitcoin Cash gets an addition of 5.18% in just 1 day.
  • The next resistance of 304 USD may come by the end of this week.
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    Bitcoin Cash, one of the forefront runners of the market, has yielded a 5.18% growth over the last 24 hours and now it constantly racing against 300 USD. The coin has been through three phases of mild growth and one marginal fall over the last 1 day. It is likely to encounter the next resistance at 304 USD.

    BCH Price Statistics-

    Bitcoin Cash 03rd September 05:30 UTC
    Rank 4th
    ROI (Return on Investment) -46.55%
    Coin Circulation 17,982,225 BCH
    Market Cap 5,340,567,969 USD
    Value in USD 297.16 USD
    Value in BTC 0.02855468 BTC
    24h Volume 1,367,364,689 USD

    BCH to USD Price Comparison-

    Bitcoin Cash gave its first sign of recovery between 02:11 UTC and 14:23 UTC with a 3.42% hike. It added 9.58 USD to the coin and placed it at 289.90 USD. The second swing started at 15:11 UTC and over the next 6 and a half hours the coin managed to grow by 3.52% to reach 295.56 USD. And at 21:57 UTC, the again started strengthening and it added 6.11 USD by 01:55 UTC to reach the top point of the day. From there the weakening phases started and over the next 3 hours and 21 minutes, the price of Bitcoin Cash went as low as 297 USD. As of now, the coin is actively pursuing 300 USD.

    BCH Price Prediction-

    The coin is likely to get a price rally soon, and it will end this year with a very high figure. Visit here for our price predictions of BCH to get detailed knowledge about the future market of the BCH coin.

    The next resistance may come at 304 USD, and this may happen by the end of this week. The next probable resistance and support levels are listed below.

    Bitcoin Cash (BCH)
    1st Resistance 299.5366667 USD
    2nd Resistance 304.9933333 USD
    3rd Resistance 314.4666667 USD
    1st Support Level 284.6066667 USD
    2nd Support Level 275.1333333 USD
    3rd Support Level 269.6766667 USD