Even though Bitcoin Cash is in the red zone, its price drop is not so huge compared to other altcoins.
Although the trading volume keeps reducing, the rate of Bitcoin Cash has been going up since mid-July. The rising RSI indicator is moving upward, suggesting growth in a short-term scenario. In this regard, BCH is likely to achieve 0.032 BTC in the first days of August. However, Bitcoin Cash needs higher trading volume to show a price rise in the long-term.