Coin World Real-time Market Morning Report: The price of BCH Bitcoin Cash broke through $544.4 per coin, rising 3.01% within the day

BOSS Wallet data source, Bitcoin Cash BCH today's market news, BCH Bitcoin Cash latest price: $544.4, 24-hour fall-2.52%, volume $1.606 billion

Based on the analysis of the candlestick chart, it is currently in a pump trend. Compared to a slight pump at 22:00, there was a slight decline compared to 21:00, but an increase compared to 17:00. When the price and volume rise at the same time, it is a strong sign of buying in the market, indicating that buyers are willing to trade in large volumes at higher prices, showing optimistic market sentiment and a strong bullish sentiment. In this case, the price is expected to continue to pump, as the market momentum is strong and buying pressure continues to increase. It is recommended that investors follow the breakthrough of key resistance levels. If the price can continue to break through and stabilize at a higher level, it will confirm the continuation of the pump trend. pump momentum is strong, market is hot. According to the Williams indicator, the current market is Overbought. Recently, the volume has increased, the volume has increased compared to the previous few hours, and the price and volume have risen at the same time: active trading, strong pump momentum.

The market buying pressure is strong, the pump trend continues, it is recommended for investors to increase their investment at the right time, and follow the breakthrough of key resistance levels.

The above content is for reference only and does not constitute investment advice.