Analysis of Bitcoin Cash price today (November 23, 2024)
The current price of Bitcoin Cash ($BCH ) is $506.55, the price has increased by +3.92% over the last 24 hours. BCH is currently available on 76 exchanges, and 2,645,910 BCH coins have been exchanged in the last 24 hours, amounting to $1,340,280,120 in trading volume.
Today, Bitcoin Cash (BCH) opened at $489.30. This is 3.52% higher than the opening price. Despite rallying to $553.93, Bitcoin Cash (BCH) faced resistance and could not maintain the momentum to move higher. From the maximum price over the last 30 and 7 days, its value has decreased by -4.82%, and from the minimum recorded price over the same period, it has increased by 56.10% and 23.01%.
According to our analysis, BCH needs to stay above $504.70 to potentially move towards the first significant resistance level at $551.56. A breakout above $551.56 may lead to an increase in BCH to the next resistance level at $607.13. The third resistance is at $636.83.
If the price falls, the first support level to watch is $504.70. If this level does not hold, further declines may occur to the next support level at $455.97
