A slow down? After three days of going up, Bitcoin Cash is flat today, hovering around $132.78.

Bitcoin Cash recovers back to $132.78 after dipping down to $131.07 today, in a session that followed a closing value of $132.42.

Bitcoin Cash made an initial break below its 5 day Simple Moving Average at $130.9, a possible indication of a forthcoming negative trend. Bitcoin Cash's upper Bollinger Band® is at $133.91, suggesting that a downward move may follow. On the other hand, note that BCH is climbing away and is now $2.88 from the $129.9 support line.

Although price action remains in a stalemate, technical analysis suggests BCH could be primed for a break to the downside.

While Bitcoin Cash is pretty flat so far today, mixed performances are seen elsewhere as FTX Token is up 9.54%. Cardano gained 2.79% and is now trading at $0.45. Chainlink USD gained 3.04% and is currently trading at $8.

Over the past 11 months, Bitcoin Cash has retreated 61.41% from a noteworthy peak of $343.2. Bitcoin Cash has a market cap of 2.57 billion with an average daily volume of 126.57 million.