{"id":442778,"date":"2023-09-26T15:09:08","date_gmt":"2023-09-26T15:09:08","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=442778"},"modified":"2023-09-26T15:09:08","modified_gmt":"2023-09-26T15:09:08","slug":"bitcoin-cash-price-prediction-bch-hits-an-intraday-high-a-renewed-interest-in-peer-to-peer-cash","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/bitcoin-cash-price-prediction-bch-hits-an-intraday-high-a-renewed-interest-in-peer-to-peer-cash","title":{"rendered":"Bitcoin Cash Price Prediction: BCH Hits An Intraday High \u2013 A Renewed Interest in Peer-To-Peer Cash?"},"content":{"rendered":"

After dropping below $195 since Sept. 5 and reaching a low of $180, the Bitcoin Cash price finally began recovering.  <\/span><\/p>\n

The rally saw the BCH price<\/a> hit a high of $225 before dropping sharply toward $200. What followed was a steady recovery that has seen the altcoin climbing to today’s intraday high of around $215, its primary resistance preventing it from going up to $230.<\/span><\/p>\n

At the time of writing, Bitcoin Cash is trading at $212, up 3% on the day. BCH’s trading activity has increased significantly over the last 24 hours, rising by 40% to $170 million, according to data from CoinMarketCap<\/span><\/a>. <\/span><\/p>\n

\"BCH<\/a>
Source: CoinMarketCap<\/figcaption><\/figure>\n

On the longer timeframe, Bitcoin Cash<\/a> remains bullish after rising 12% and 73% over the last 30 days and six months respectively. It is also up 120% in 2023 and 88% over the last 12 months.<\/span><\/p>\n

According to crypto price tracker CoinPedia, BCH appears ready to break out. The firm posted the following chart on X saying that the altcoin would move to $300 once it breaks the barrier at $228. <\/span><\/p>\n

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🔥 BCH Coin Update! <\/p>\n

💥 $BCH<\/a> is on the move with a 1.11% intraday growth! 🚀
🎯 Targeting the $228 ceiling and beyond to $300!
👀 Don't miss out on this week's potential bull run!#Bitcoincash<\/a> pic.twitter.com\/YGn0OCWcRT<\/a><\/p>\n

— Coinpedia Markets (@MarketCoinpedia) September 26, 2023<\/a><\/p><\/blockquote>\n