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Bitcoin cash price prediction showcases the consolidation phase of BCH crypto.
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BCH crypto has slipped below 20-EMA and is maintaining above 50, 100, and 200-day daily moving averages.
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The pair of BCH/BTC was at 0.00838 BTC with an intraday drop of 2.24%.
Bitcoin Cash (BCH) price prediction suggests the sideways momentum of the crypto is inside the horizontal range-bound area. BCH crypto must accumulate buyers in order to surge toward the upper threshold of the consolidation phase. Meanwhile, the BCH crypto price is currently dropping toward the lower trendline of the horizontal range-bound area.
Bitcoin Cash price was at $241.79 and has lost 2.42% of its market capitalization during the day’s trading session. Trading volume decreased by 45.84% during the intraday trading session. This demonstrates that sellers are pulling BCH crypto price toward the lower trendline of the consolidation phase. The volume-to-market cap ratio was a
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