Bitcoin Cash (BCH) Down $0.26 in Last 4 Hours, Breaks Below 20 Day Average; Price Base in Formation Over Past 30 Days TagsBitcoin Cash July 15, 2020 by cfdtrading Bitcoin Cash 4 Hour Price Update Updated July 16, 2020 11:19 AM GMT (07:19 AM EST)

Bitcoin Cash came into the current 4 hour candle down 0.12% ($0.26) from the open of the last 4 hour candle, marking the 3rd candle in a row a decrease has occurred. Bitcoin Cash outperformed all 5 assets in the Top Cryptos asset class since the last 4 hour candle.

Bitcoin Cash Daily Price Recap Bitcoin Cash closed yesterday down 1.22% ($2.81); this denotes the 3rd day in a row a decrease has occurred. This move happened on lower volume, as yesterday’s volume was down 3.2% from the day before — and down 45.92% from the same day the week before. Out of the 5 instruments in the Top Cryptos asset class, Bitcoin Cash ended up ranking 4th for the day in terms of price change relative to yesterday. Here is a daily price chart of Bitcoin Cash.

Bitcoin Cash Technical Analysis Moving average crossovers are always interesting, so let’s start there: Bitcoin Cash crossed below its 20 day moving average yesterday. Also of note is that on a 30 day basis price appears to be forming a base — which could the stage for it being a support/resistance level going forward. For additional context, note that price has gone down 8 out of the past 14 days