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Bitcoin Cash (BCH) Price Prediction: BCH/USD Rebounds From Support, Eyes $400

Barbara Streisand
Release: 2024-11-07 06:04:21
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Bitcoin Cash's BCH/USD price has increased 9.02% over the past 24 hours to $372.92, which is in the opposite direction of its trend over the past week

Bitcoin Cash (BCH) Price Prediction: BCH/USD Rebounds From Support, Eyes 0

Bitcoin Cash (BCH) price increased by 9.02 percent in the last 24 hours to $ 372.92. However, when looking at the weekly price chart, no change is observed. The coin's price lost 0.0 percent last week, falling to its current price of $371.83. The price of the coin is currently well away from its all-time high of $3,785.82.

The chart below compares the price movement and volatility of the Bitcoin Cash price over the last 24 hours (left) and the last 1 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 greater the volatility.

The coin's trading volume increased by 91.0 percent last week and differed from the coin's circulating supply. The circulating supply decreased by 0.57 percent to 19.78 million, which is approximately 94.21 percent of the coin's maximum supply. According to our data, BCH's current market cap ranking is 19th and $7.37 billion.

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

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