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Cryptopolitan 2021-09-13 11:51:55

Bitcoin Cash Price Analysis: BCH attempting to find stability at $650 amidst high sellers

TL;DR Breakdown Bitcoin Cash price analysis is bullish for today.BCH/USD spiked to $650 overnightBCH saw retracement to $600 earlier today. Bitcoin Cash price analysis is bullish for today as both a higher high and low were set over the last 24 hours. Therefore, as long as the $620 support holds, we expect BCH/USD to increase and move towards further highs. Cryptocurrency heat map. Source: Coin360 The cryptocurrency market traded in the red over the last 24 hours as bears took over the market momentum overnight. The market leader, Bitcoin, has declined by 3 percent, while Ethereum fell by 6 percent. Solana (SOL) is among the worst performers, with a loss of 8.42 percent. Bitcoin Cash price movement in the last 24 hours: Bitcoin Cash retraces to $480 BCH/USD traded in a range of $601-$650.76, indicating strong volatility over the last 24 hours. Trading volume has increased by 3.12 percent and totals $5.69 billion, while the total market cap stands at $11.64 million, ranking the coin in 4th place overall. BCH/USD 4-hour chart: BCH prepares for another rally? On the 4-hour Bitcoin Cash price analysis chart, BTC/USD  looks to close bullish in preparation for further upside over the next 24 hours. BCH/USD 4-hour chart. Source: TradingView Bitcoin Cash price prediction is bullish today as a slightly higher low was set over the last 24 hours. Overall, BCH/USD has gained more than 100 percent over the past month after a new swin...

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