Bitcoin cash price started a strong rally from $300 and it gained more than 15%, whereas BTC is struggling near $8,700. BCH/USD could continue to rise towards $400 in the near term.
Bitcoin cash price is up more than 15% and it broke the $350 resistance area against the US Dollar.
The price is showing a lot of positive signs above the $330 level and the 100 SMA (4-hours).
There was a break above a major declining channel with resistance near $324 on the 4-hours chart of the BCH/USD pair (data feed from Kraken).
The pair is likely to accelerate towards $400 if it clears the $365 resistance area.
Bitcoin Cash Price Could Revisit $400
After getting rejected near $405, bitcoin cash price started a strong downside correction. BCH declined nearly $100 before the bulls took a stand near the $300 support.
A swing low is formed near $300 and the price restarted its upward move. It broke a major resistance area near the $320 level and the 100 simple moving average (4-hours) to move into a positive zone.
Moreover, there was a break above a major declining channel with resistance near $324 on the 4-hours chart of the BCH/USD pair. It opened the doors for more gains above the 50% Fib retracement level of the key decline from the $404 high to $299 swing low.
Bitcoin Cash Price
Bitcoin cash price is now above the $350 level, but it is now facing a strong resistance near $365. It represents the 61.8% Fib retracement level of the key decline from the $404 high to $299 swing low.
If there is a successful break above the $365 resistance, the price is likely to continue higher towards the main $400 resistance area in the near term
Losses Could Be Limited In BCH
There are slight chances of a minor correction if BCH bulls struggle to push the price above $365 resistance. In the mentioned case, an initial support is near the $350 level.
If there is an extended downside correction, bitcoin cash price might dive towards the $330 support. The main buy zone for the bulls is near the $320 level and the 100 simple moving average (4-hours).
Technical indicators
Hourly MACD – The MACD for BCH/USD is currently gaining strong pace in the bullish zone.
Hourly RSI (Relative Strength Index) – The RSI for BCH/USD is now well above the 50 level, with a bullish angle.
Key Support Levels – $350 and $330.
Key Resistance Levels – $365 and $400. The post appeared first on NewsBTC. origin »
The market shows increased activity as the Bitcoin Cash price stabilizes and Shiba Inu trades within a narrow range. However, these assets have already experienced significant growth compared to earlier
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Bitcoin Cash has traded higher in the past 24 hours, surging by more than 30% to lead top gainers among the largest coins by market capitalization. The price of Bitcoin Cash (BCH) rose to an intraday high of $391 during…
MicroStrategy recorded $26 billion in Bitcoin after its price surged to $90.000 last week. The number are surpassing cash owned by big companies including Nike and IBM. Bitcoin, the biggest cryptocurrency in the world, price increasing up to 11% to…
Bitcoin Cash’s Long/Short ratio was 1.20, indicating strong bullish sentiment.
BCH’s trading volume skyrocketed by 218%, indicating heightened participation from traders.
Amid a notable The post Bitcoin Cash could hit the $450 level, key levels reveal appeared first on AMBCrypto.
Bitcoin Cash (BCH) gains mirror Bitcoin’s surge to near $70k. With Bitcoin Cash price rising above $450, are bulls strong enough to eye further gains? Bitcoin Cash (BCH) rose more than 14% in 24 hours to trade above $450, its highest level since mid-June.
Bitcoin Cash's price at the time of writing is attempting to break out of a resistance line that could invalidate the ongoing bearishness.
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ALGT draws in over 15,000 unique holders in the third stage presale valued at $0. 08, with over $3. 8M raised Bitcoin cash approaches 24h low on CoinGecko at $482. 31 PEPE still sailing strong in the market at $0.
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Bitcoin Cash ($BCH) positions itself as a user-friendly solution for daily transactions, boasting minimal fees and swift confirmations, ideal for routine purchases and micro-transactions. Despite its designed convenience, concerns are surfacing as traders exhibit Fear, Uncertainty, and Doubt (FUD) towards assets like Bitcoin Cash and Loopring, reflected in a surge […]
Bitcoin SV and Bitcoin Cash prices were among the top-performing currencies on Monday as a sense of hope returned in the crypto market. BSV jumped by more than 13% to $38. 27 while Bitcoin Cash jumped to $228.
Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion
Bitcoin Cash has strong bullish conviction The post Bitcoin Cash [BCH] bulls drive rally higher aided by this crucial factor appeared first on AMBCrypto.
Bitcoin Cash has formed a symmetrical triangle pattern. The two lines are nearing their confluence levels. The Federal Reserve is the biggest risk in the market. Bitcoin Cash price has held quite well in the past few weeks even as a sense of fear spreads in the market.
As the price of Bitcoin and the general crypto market has rallied, leading to a much-needed increase in price, Bitcoin Cash (BCH) investors are once again on a profitable path. The majority of investors are now in the green following its double-digit surge in the last week.
On-chain data shows both the short-term and long-term Bitcoin Cash holders have entered into profits following the 13% rally. Bitcoin Cash Traders Return To Profits As Whales Ramp Up Activity According to data from the on-chain analytics firm Santiment, Bitcoin Cash traders who bought within the past 30 days, as well as those who did […]
Bitcoin Cash, like other cryptocurrencies, remained in consolidation in July. There are signs of rotation moving from digital currencies to stocks. Bitcoin Cash (BCH) price had a difficult performance in July as the fear and greed index remained neutral at 50.
Key takeaways Bitcoin Cash could experience further pullback after its recent rally. Chancer’s presale surpasses $600k roughly a month after launch. Bitcoin Cash was the best-performing coin amongst the top 100 cryptocurrencies by market cap over the past 30 days.
Bitcoin Cash (BCH) has surged to a new one-year high, and the token is now rallying at more than 100% higher after it was listed on the crypto exchange EDX along with three other tokens. BCH has also benefited from rising social media interest and record-hitting trading volumes.
На этой неделе цена Bitcoin Cash (BCH) взлетела более чем на 100%, достигнув 13-месячного пика в $235. Ключевые ончейн-метрики указывают на возможность продолжения ралли. Во вторник, 20 июня, состоялся официальный запуск EDX Markets.
Bitcoin Cash (BCH) recently experienced a remarkable surge, registering more than 100% increase. As one of the leading digital currencies, Bitcoin Cash has often been compared to its predecessor, Bitcoin (BTC), but it has also carved its own path in the ever-evolving crypto landscape.
Bitcoin Cash (BCH) has surged by 36.5% in the past three-days after EDX, the exchange backed by Fidelity, Schwab and Citadel, listed it alongside bitcoin (BTC), ether (ETH) and litecoin (LTC).
Bitcoin Cash ranks higher in decentralization than Litecoin and Ethereum Classic.
BCH whales have been reaccumulating during the recent crash.
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Wednesday’s relief rally among most cryptocurrencies underlined investors’ confidence was crawling back. Crypto tokens, such as Bitcoin Cash (BCH/USD), had lost key important levels post the collapse of the FTX exchange.
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Coinspeaker
Cash App Integrates with Bitcoin Lightning Network for Limited Users First
Cash App was launched by Block Inc back in October 2013 but added Bitcoin trading services only 5 years later, in 2018.
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Bitcoin Cash has held close to $110 for three months now The cryptocurrency’s price…
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The price of Bitcoin Cash (BCH) has sparked a glimpse of hope against Tether (USDT) as it attempts to flip key resistance with eyes set on $200. The price of Bitcoin Cash in recent weeks has been more gloomy as many altcoins rallied and produced gains of double digits while BCH continues to range.
Bitcoin Cash was one of the most successful forks at one point in time. Not to forget, the altcoin was hitting the highs of $1,550 as of last May.
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Bitcoin payments infrastructure platform OpenNode has partnered with Lemon Cash, a popular cryptocurrency wallet provider in Latin America.
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Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice.
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Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the opinion of the writer.
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Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice.
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Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice
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These days, we don't hear much about Bitcoin's red-headed [or rather, green-headed] stepchild Bitcoin Cash [BCH]. However, things changed when the 25th biggest crypto by market cap saw a single-day rThe post Bitcoin Cash rallies over 11% rally in a day, but here's why bulls should be wary appeared first on AMBCrypto.
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Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice
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Explore why Zero Knowledge Proof, Bitcoin Cash, WLFI, and Aave are seen as the best long-term crypto choices of 2025, offering strength, innovation, and utility!
Bitcoin Cash’s network is under a lot of turmoil at the moment. As previously reported, the Bitcoin Cash network faced a major mining issue after it was found that a single entity was able to mine over 80 blocks in a span of 24 hours.
Roger Ver’s Bitcoin Cash seems to be stepping up in the race to accelerate mass adoption after the coin recently surpassed Bitcoin in retail spending in Australia. This was found after Bitcoin BCH, an online platform, released a report which tracked the total cryptocurrency usage in Australia for the month of September.
