Bitcoin Cash (BCH) Price Prediction: BCH/USD Stalls Below Resistance Zone, Threatening Further Losses

Bitcoin Cash's BCH/USD price has increased 6.81% over the past 24 hours to $374.77, which is in the opposite direction of its trend over the past week

Bitcoin Cash (CRYPTO: BCH) price rose 6.81% over the last 24 hours to $374.77. This is in contrast to a 4.0% loss over the last week, moving from $390.52 to its current price.

Bitcoin Cash's all-time high is $3,785.82.

The following chart compares the price movement and volatility for Bitcoin Cash over the last 24 hours (left) to its price movement over the last week (right). The gray bands are Bollinger Bands, measuring the volatility for both the daily and weekly price movements. The wider the bands are, or the larger the gray area is at any given moment, the larger the volatility.

Coin price impact and trading volume over the last 24 hours. Price volatility, measured through the Bollinger Bands (gray), indicates a lower volatility at the moment. CC: Benzinga Pro

The trading volume for the coin has decreased by 4.0% over the last week. Meanwhile, the circulating supply of the coin rose by 0.1% to 19.74 million, which makes up an estimated 93.99% of its max supply of 21.00 million.

This puts Bitcoin Cash's circulating supply at 19.74 million and its max supply at 21.00 million, according to CoinMarketCap.

The current market cap ranking for BCH is #18 at $7.40 billion, based on our data.

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