Market Conditions for BCHUSD as at Dec 04, 2020
Loading Market Conditions for BCHUSD (Bitcoin Cash/US Dollar Index)...
Last 30 Days:
Support & Resistance
Multi Time Period Price Performance for Bitcoin Cash/US Dollar Index
Bitcoin Cash/US Dollar Index ProfileThe Bitcoin Cash/US Dollar Index tracks the BCH/USD cryptocurrency pair that is traded decentralized around the globe. BCH is the base currency and USD is the quote currency, meaning that 1 Bitcoin Cash was worth 280.94 US Dollar at the end of Friday's session, -3.95% less than 24 hours earlier.
Technical Analysis Summary for Dec. 4, 2020
While the market is currently in a short-term downtrend, this might just be a correction, as both the medium and long-term trends are still bullish. Friday's trading range has been $18.93 (6.47%), that's below the last trading month's daily average range of $27.53. Buying could accelerate should prices move above the close-by swing high at 300.48 where further buy stops might get triggered.