Bitcoin Cash (BCH) Up $0.67 On 4 Hour Chart, Entered Today Up For the 3rd Day In A

Bitcoin Cash 4 Hour Price Update

Updated May 19, 2020 01:34 AM GMT (09:34 PM EST)

Bitcoin Cash closed the last 4 hour candle up 0.27% ($0.67); this denotes the 2nd candle in a row an increase has occurred. Relative to other instruments in the Top Cryptos asset class, Bitcoin Cash ranked 2nd since the last 4 hour candle in terms of percentage price change.

Bitcoin Cash Daily Price Recap

Bitcoin Cash closed yesterday up 3.07% ($7.4); this denotes the 3rd day in a row an increase has occurred. The price move occurred on volume that was up 110.41% from the day prior, but down 34.01% from the same day the week before. Relative to other instruments in the Top Cryptos asset class, Bitcoin Cash ranked 3rd since yesterday in terms of percentage price change. Let’s take a look at the daily price chart of Bitcoin Cash.

Bitcoin Cash Technical Analysis

First things first: Bitcoin Cash crossed above its 20 day moving average yesterday. For another vantage point, consider that Bitcoin Cash’s price has gone up 10 of the previous 14 trading days.

Overheard on Twitter

For laughs, fights, or genuinely useful information, let’s see what the most popular tweets pertaining to Bitcoin Cash for the past day were:

• From bengtsson999:
  

  @Open_Media @TheMoonCarl @rogerkver Exactly! It’s just one different, if you buy Bitcoin Cash, you still have it, no one going to take it away. If you go on those leverage platforms, they going to scam you. The same with those sorry people that promote those platforms, they just damage the whole Crypto space!!

• From arch_tex:
  

  @MrSurfvivor @TheMoonCarl @rogerkver You can’t hack it, Bitcoin has no one to create its own website, that is why scammers like RV that advantage of that to sell their shitcoin. The whole premise of calling it Bitcoin Cash was to confuse new buyers into thinking is just the cash version of Bitcoin. scam tactics…

• From CryptoOwenW:
  

  **Jumps on #Coinbase for the first time**”Bitcoin Cash, that’s like a cheaper version of Bitcoin right?? Totally buying it”This is why people need to be educated & why CT can be a good place to start that education. Cryptocurrency 101 class in session

In terms of news links for Bitcoin Cash here’s one to try:

Bitcoin Cash lags behind as Monero and Dogecoin surge up to 12% – AMBCrypto

If the coin were to breach the support there is another strong support for BCH at $229….There is a strong resistance that is currently being tested by the trading price.