RATE Group | Bitcoin Cash price: Fall towards $300 next?
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Bitcoin Cash price: Fall towards $300 next?

02 Mar Bitcoin Cash price: Fall towards $300 next?

Posted at 09:34h in Cryptocurrency News by

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The Bitcoin Cash price line sets itself near the $319 mark, however, the coin looks bearish at the moment. Trading view analyst san030believes that the cryptocurrency may go bearish as the pair seems to have formed an inside bar at the support near the closest hundred. The coin trades with a day’s range of $ — $

1-Day Bitcoin Cash price analysis (1st March)

Bitcoin Cash Price Chart

Bitcoin Cash Price Chart by TradingView

At the start of the 1st of March, the cryptocurrency’s price line moved across the $323 mark, from a starting price of near the $308 level. The coin traded between the $312 and $316 marks until noon, after which the price saw another spike towards the $322 mark and it fell towards the $308 level by 16:32 GMT.

At the time of writing, the Bitcoin Cash / US Dollar trading pair has a value of $319.62 US Dollars.

The 20-Day Exponential Moving Average (EMA) is currently above the 50-Day Moving Average (MA), and it closed the day at the $316.810902 mark. The 50MA closed at…

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