Bitcoin Cash price analysis 7, May.

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Avatar for haidernasir500
2 years ago

BCH was on it's bullish trend a week ago, some correction and consolidations are seen in BCH daily chart. BCH market capital is $26.53B and 24 hours trading volume at $16.19B

BCH at the time of writing is at $1,419.50 with chart seen as buyers dominated in the start of day and at mid of the day seen as sellers dominated. BCH with its resistance level at $1,607.08 and with its support level at $1,344.01. Here a price chart of BCH in the previous 24 hours:

According to BCH weekly chart, BCH is on its bullish trend upward breaking its previous resistance level. Here a weekly price chart of BCH:

BCH would be seen even more bullish in coming weeks. As it tries to push beyond $1,500 price level or more. Let me know what you think about BCH upcoming trend.

Disclaimer: Article is only informative based, not an education on where to invest. If you are considering to invest do your own research.

 

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