Bitcoin Cash Falls to $276.69 on Volume 43.6% Above Average
- —Intraday range for BCH was $271.74–$292.32, with market cap at $5.56 billion
- —Volume reached $270.36 million, a volume-to-market-cap ratio of 4.86% versus 3.38% average
- —RSI at 46.8 and stochastic at 30.3 show no oversold signal
- —MACD histogram is slightly positive while price stays below the 7-, 30- and 200-day SMAs
Why it matters: BCH remains under pressure alongside risk assets, and reclaiming the $282.49 VWAP would be the first sign of a recovery.
Source: DiarioBitcoin