Add as a preferred source on GoogleBitcoin Cash Trades 2.05% Above Oct. 23 Price Projection
BCH gained 3.03% over 24 hours, while daily and weekly moving-average readings pointed in opposite directions.
At 2:02 p.m. ET (18:02 UTC) on Wednesday, Oct. 21, Bitcoin Cash (BCH) stood at $286.87, or 2.05% above a $281.10 projection dated Oct. 23.
The difference was $5.77. BCH had risen 3.03% over the preceding 24 hours and traded between $276.74 and $289.65 during that period. The quote was also $0.44 below a separate $287.31 projection for Oct. 24.
The 24-hour gain came alongside mixed moving-average readings. They were bullish on the daily chart and bearish on the weekly chart.
Bitcoin Cash futures are trading at CME Group. FalconX and GSR completed the contracts’ first block trade, which CME Group announced Oct. 20.
Wednesday’s price was measured before either forecast date. The next dated comparison is the $281.10 projection for Oct. 23.
Enna Lee
ReporterEnna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.