Bitcoin Cash (BCH) Closes Last Hour Up $11.22; Moves Down For the 3rd Straight Day

The Hourly View for BCH

Last Updated May 30, 2021, 02:045 GMT

At the time of this writing, BCH’s price is up $11.22 (1.8%) from the hour prior. This move is a reversal from the hour prior, which saw price move down. As for the trend on the hourly timeframe, we see the clearest trend on the 100 hour timeframe. The moving averages on the hourly timeframe suggest a choppiness in price, as the 20, 50, 100 and 200 are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders.

Bitcoin Cash Daily Price Recap

Bitcoin Cash is down 5.4% ($37.22) since the previous day, marking the 3rd straight day it has gone down. This move happened on lower volume, as yesterday’s volume was down 22.73% from the day before — and down 35.48% from the same day the week before. Out of the 7 instruments in the Top Cryptos asset class, Bitcoin Cash ended up ranking 3rd for the day in terms of price change relative to the previous day. The daily price chart of Bitcoin Cash below illustrates.

Bitcoin Cash Technical Analysis

The clearest trend exists on the 14 day timeframe, which shows price moving down over that time. Or to view things another way, note that out of the past 14 days Bitcoin Cash’s price has gone down 10 them.

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 shakepay:

    A Shakepay customer: “I don’t want the card. I need the card.” Like or retweet this tweet if you also can’t wait to get the Shakepay Card with bitcoin cash back on every purchase.

  • From SterlinLujan:

    I am a huge fan of freedom! In order to achieve greater amounts of it, we need a crypto like bitcoin cash to pull society out of bondage via more utilization, more adoption, and more raw usage. #BCH

  • From Garfoldd:

    Bitcoin Cash (BCH) meme culture is abysmal at best, I’ll give 30$ in #BCH to the best p2p cash meme posted below this tweet, winner picked in a few days. #Bitcoin

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

Hire the best freelancers for any job, pay in Bitcoin Cash and Bitcoin.

Release the funds to the freelancer….Reach out to the right audiences via online advertising, social media, email marketing and other platforms.