Bitcoin Cash (BCH) Price Prediction: BCH Rebounds From Weekly Lows to Test Resistance at $370

Over the past 24 hours, Bitcoin Cash's BCH/USD price has risen 3.14% to $361.9. This is contrary to its negative trend over the past week

Bitcoin Cash (BCH/USD) price increased by 3.14% in the last 24 hours and reached $361.9. However, the price showed a negative trend in the last week, decreasing by 0.0 percent to its current price of $360.11. The price of the coin is currently trading at an all-time high of $3,785.82.

The chart below shows the price movement and volatility of the Bitcoin Cash price over the last 24 hours (left) compared to the price movement over the last week (right). The gray bands are Bollinger Bands and measure volatility in both daily and weekly price movements. The wider the bands or the larger the gray area at any given moment, the higher the volatility.

The transaction volume of the coin decreased by 24.0 percent compared to last week, while the total circulating supply of the coin decreased by 0.06%, exceeding 19.78 million. This brings its current circulating supply to approximately 94.19 percent of its maximum supply, with a maximum supply of 21.00 million. BCH's current market cap ranking is 18th and $7.16 billion.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.

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