BCH trades at $134.51, after ending today at $134.5.
Concerning technical analysis and more specifically, trend indicators, the Commodity Channel Index (CCI) indicator is above +100, meaning the market price is unusually high compared to the rolling average. According to asset volatility analysis, BCH's upper Bollinger Band® is at $136.43, suggesting that a downward move may follow.
Overall, while BCH has been on an uptrend, technical indicators suggest that it has no obvious direction for the immediate future.
While BCH is pretty flat so far today, mixed performances are seen elsewhere as FTX Token surges 9.54% to trade around $1.36.
BCH is now trading 60.81% below the significant high of $343.2 it set around 1 year, 1 day ago. BCH has a market cap of 2.60 billion with an average daily volume of 122.86 million.