December 30, 2024 BCH – Bitcoin Cash Daily Chart Analysis
Outlook
BCH current price is 447.70 USDT and the current market cap is 10.758.307 USDT. This chart period started 210 days ago (04 June 2024) with a total of 103 days closing above the opening price and 107 days closing below the opening price. The lowest price was 272.70 USDT on 05 August 2024, and the highest price was 640.00 USDT on 06 December 2024. The current price is 64.17% above the lowest price and 30.05% below the highest price.
Moving Average
Moving Averages (Closing Prices):
5-Day Moving Average: 443.40
22-Day Moving Average: 487.68
50-Day Moving Average: 497.75
100-Day Moving Average: 424.36
250-Day Moving Average: 405.64
500-Day Moving Average: 349.78
Moving Average Analysis
The current price is %0.97 higher than the 5-Day moving average and has been above it for 1 days.
The current price is %8.20 lower than the 22-Day moving average and has been below it for 13 days.
The current price is %10.06 lower than the 50-Day moving average and has been below it for 13 days.
The current price is %5.50 higher than the 100-Day moving average and has been above it for 46 days.
The current price is %10.37 higher than the 250-Day moving average and has been above it for 51 days.
The current price is %28.00 higher than the 500-Day moving average and has been above it for 55 days.
Trends
The longest uptrend in the 210 day period is 6 days. It started at 331.10 USDT on 09 July 2024 and ended by increasing by 20.87% to 400.20 USDT on 15 July 2024.
The longest downtrend is 7 days. It started at 439.00 USDT on 29 July 2024 and ended by decreasing -29.41% to 309.90 USDT on 05 August 2024.
Support & Resistance
This review was made for the last 7 days
Last 7 days support levels:
Support: 433.00 USDT on 26-12-2024
Support: 435.30 USDT on 29-12-2024
Last 7 days resistance levels:
Resistance: 453.90 USDT on 29-12-2024
The lowest support level is 433.00 USDT on 26-12-2024, and the highest resistance level is 453.90 USDT on 29-12-2024. The percentage difference between these levels is approximately 4.8%.
Volume
The previous trading day’s volume (29-12-2024) 20,635.72 USDT. Highest volume in the last 210 days is 465,856.50 USDT on 21-11-2024. Lowest volume in the last 210 days is 9,991.84 USDT on 31-08-2024. Difference between highest and lowest volume is 4562.37%.
Volume Moving Averages
( Excluding Today)
5-day Moving Average Volume: 30,412.02 USDT
22-day Moving Average Volume: 85,331.12 USDT
50-day Moving Average Volume: 146,639.81 USDT
100-day Moving Average Volume: 101,382.74 USDT
250-day Moving Average Volume: 74,285.05 USDT
Volume Moving Averages Comparison
Volume of the previous trading day: 20,635.72 USDT
Previous day’s volume is 32.15% lower than the 5-day moving average.
Previous day’s volume is 75.82% lower than the 22-day moving average.
Previous day’s volume is 85.93% lower than the 50-day moving average.
Previous day’s volume is 79.65% lower than the 100-day moving average.
Previous day’s volume is 72.22% lower than the 250-day moving average.
Percentage Differences Between Moving Averages:
5-day moving average is -64.36% lower than the 22-day moving average.
22-day moving average is -41.81% lower than the 50-day moving average.
50-day moving average is 44.64% higher than the 100-day moving average.
100-day moving average is 36.48% higher than the 250-day moving average.
Volume Trend
The longest consecutive volume increase started on 02-07-2024 with a volume of 23,202.28 USDT and ended on 05-07-2024 with a volume of 157,825.60 USDT, lasting for 3 days and representing a 580.22% increase.
The longest consecutive volume decrease started on 09-12-2024 with a volume of 233,104.50 USDT and ended on 15-12-2024 with a volume of 48,442.16 USDT, lasting for 6 days and representing a 79.22% decrease.
Price Volume Coorelation
During the longest volume increasing period price decrease from 382.10 USDT to 325.50 USDT, which represents a -14.81% change.
During the longest volume decreasing period price decrease from 551.50 USDT to 546.20 USDT, which represents a -0.96% change.
Strategy
There is no trend formation at the moment. We should wait until a trend forms.
BCH – Bitcoin Cash
Legal Disclaimer: This Chart and The Accompanying Analyses Are Not Investment Advice.
