Crypto Markets Experience Slight Price Fluctuations After Recent Gains

Joanna Estrada
April 21, 2018

Seven days before, Bitcoin Cash was valued at 753.45 United States dollars and did not see a substantial increase until April 18th.

Bitcoin Cash can be purchased on these cryptocurrency exchanges: BTC Markets, Korbit, Liqui, Mr. Exchange, BTCC, Bitso, Upbit, BitBay, CoinEgg, Coinrail, Gatecoin, Huobi, Coinsquare, Coinnest, WEX, Bitfinex, YoBit, Lbank, BitGrail, Bitstamp, Luno, GetBTC, BTCBOX, Exmo, Coinfloor, Bitcoin Indonesia, BitMEX, Gemini, Bittrex, EXX, LakeBTC, CoinExchange, BX Thailand, Bleutrade, OKEx, Bit-Z, Bithumb, CoinsBank, Fisco, QuadrigaCX, CEX.IO, Allcoin, Cryptopia, Zaif, Bitbank, HitBTC, Poloniex, Coinone, CoolCoin, xBTCe, bitFlyer, Tidex, ACX, ZB.COM, Negocie Coins, Livecoin, Kucoin, BtcTrade.im, Bibox, Paribu, GDAX, RightBTC, BL3P, Foxbit, BTCTurk, itBit, Independent Reserve, Quoine, Kraken, Coinroom, Gate.io, Binance and Bitonic. We believe that they too should profit from the growth of BCH by their continued stake in the Bitcoin Cash ecosystem.

Therefore, let's find out the current price levels from the price analysis.

The price of the cryptocurrency Bitcoin reached $9,000 in the early hours of Saturday after increasing more than six percent in the past 24 hours. Therefore, traders can add on to their holdings for long-term returns.

The price is now dancing with $985 on the 5-hour timeframe chart, although there is a bullish trend forming around this area.

Bitcoin cash has been experiencing an upside for some time now. Currently, it has slightly dropped to the $959 price level.

He stated: "Before we see mass adoption of cryptocurrencies, we need to see a significant reduction in the time it takes to process transactions".

In today's trading, the Bitcoin Cash price stood at $979.53, as of 09:48 BST. On the downside, crossing the $940 price level might attract losses.

In the current market rise, Bitcoin Cash is one of the highest gainers accompanied by Ripple with 30% volume increase in last 7 days, IOTA with 32.74% volume increase in the last 7 days, Stellar at 47.27% volume increase in the last 7 days, Cardano with 34.42% volume increase in the last 7 days, NEM with 32.81% volume increase in the last 7 days. As a result, upside from the $0.65 level saw it attain the $0.75 price level now.

Ripple's XRP slipped to a $0.88034 low in the early part of the morning, before bouncing back, with investors quick to jump in at sub-$0.90 levels, the day's first major support level of $0.8146 and 23.6% FIB Retracement Level of $0.8385 untested in the early part of the day.

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