BCH Plunges 8.84% to $278.85, Tests $270 Support
- —BCH dropped 8.84% to $278.85, intraday low at $269.98
- —Volume of $332.86 million was 9.21% above the 30-day average
- —MACD is bearish and RSI sits at 44, signaling weak momentum
- —Price trades below its SMA-7, SMA-15, SMA-30 and SMA-200
Why it matters: Holding the $270 support will determine whether BCH extends losses or rebounds toward its VWAP of $285.85.
Source: DiarioBitcoin