BCH coin was priced $179.80 on December 18, but after a few hours on the same day, the price was escalated to $191.25 with a 6.37% hike. On the next day, Bitcoin Cash price dipped to $183.52 but managed to rise back by almost 3%. On December 20, 2019, the currency managed to show a rise of 3.04% with the price reaching $190.10. For the next two days, the movement of the coin was almost at the same pace with a bearish dominance. From the later part of December 22, 2019, the BCH coin managed to gain back control over the bulls and has been reflecting an upward movement.
Bitcoin Cash Price Prediction
Bitcoin Cash presents an uptrend and rise by 4.26% as compared to yesterday’s price. As stated in the Bitcoin Cash forecast, the price may rise further and reach near $196.22 shortly. After a week or so, BCH coin can get traded around its major resistance $200.
Traders should purchase coins as per the trend noticed. As per the CMF indicator, Bitcoin Cash indicates the bullish presence today. Being one of the top altcoins, it has the potential to trade upwards and cross its 7-day high in the upcoming weeks.
