Analysis of Bitcoin Cash price today (November 24, 2024)
The current price of Bitcoin Cash ($BCH ) is $500.99, the price has decreased by -1.67% in the last 24 hours. BCH is currently available on 76 exchanges, and in the last 24 hours, 1,618,653 BCH coins were exchanged, amounting to $810,934,043 in trading volume.
Today, Bitcoin Cash (BCH) opened at $509.16. It has decreased by -1.60% from the opening price. Despite rallying to $523.28, Bitcoin Cash (BCH) faced resistance and was unable to maintain momentum to move higher. From the maximum price in the last 30 and 7 days, its value has decreased by -9.56%, and from the minimum recorded price over the same period, it has increased by 54.39% and 17.34%.
According to our analysis, BCH needs to stay above $455.97 to potentially move towards the first important resistance level at $504.70. A breakout above $504.70 could lead to an increase in BCH to the next resistance level of $551.56. The third resistance is at $607.13.
If the price falls, the first support level to watch is $455.97. If this level does not hold, further decline to the next support level of $430.07 is possible.
