BCH Falls to $277 as Volume Runs 38% Below Average
- —Price at $277.18 versus a $286.66 open, intraday range $268.05–$278.98
- —Daily volume of $130.6 million is 38.42% below the 30-day average
- —MACD is negative and RSI at 46.7; price sits below the 7, 15, 30, 50 and 200-day SMAs
- —BCH market cap is $5.57 billion; no derivatives or on-chain data provided
Why it matters: Thin volume and a bearish MACD offer no reversal signal, leaving the $268 intraday low as the level holders need to watch.
Source: DiarioBitcoin