Bitcoin Cash Price At Make-Or-Break Moment, Key Levels To Watch

Name	Symbol	Market	Market Cap ($)	Algorithm
Bitcoin	BTCUSD	Crypto	1,335,490,756,822	SHA-256d

Name

Symbol

Market

Market Cap ($)

Algorithm

Bitcoin

BTCUSD

Crypto

1,335,490,756,822

SHA-256d

	Price Change	Price Change %	Current Price	Bid Price	Offer
	-1,062.98	-1.54%	68,040.04	68,041.38	68,044.24

Price Change

Price Change %

Current Price

Bid Price

Offer

-1,062.98

-1.54%

68,040.04

68,041.38

68,044.24

High Price	Low Price	Open Price	Prev. Close	52 Week Range
70,066.95	67,550.00	69,217.46	69,103.02	24,750.00 - 73,835.57

High Price

Low Price

Open Price

Prev. Close

52 Week Range

70,066.95

67,550.00

69,217.46

69,103.02

24,750.00 - 73,835.57

Exchange	Last Trade	Size	Trade Price	Currency
BSTP	18:33:10	0.483740	68,016.00	USD

Exchange

Last Trade

Size

Trade Price

Currency

BSTP

18:33:10

0.483740

68,016.00

USD

Price x Volume	Volume	Base Symbol	Related Pairs
623,489,926.49	9,054.17	BTC	BTCEUR	BTCGBP	ETHBTC

Price x Volume

Volume

Base Symbol

Related Pairs

623,489,926.49

9,054.17

Bitcoin Cash Price At Make-Or-Break Moment, Key Levels To Watch

13/05/2024 8:07am

NEWSBTC

Bitcoin Cash price extended losses and traded below the $450 support. BCH is consolidating and might start a recovery wave if there is a move above $440. Bitcoin cash price started a fresh decline below the $440 support. The price is trading below $440 and the 100 simple moving average (4 hours). There is a key bearish trend line forming with resistance at $438 on the 4-hour chart of the BCH/USD pair (data feed from Kraken). The pair could start a decent upward move if it clears the $440 resistance zone. Bitcoin Cash Price Revisits Support In the past few days, there has been a steady decline in Bitcoin Cash price like Bitcoin and Ethereum. BCH declined below the $450 and $440 support levels to move into a short-term bearish zone. A low was formed at $421 and the price is now consolidating losses. There was a minor move above the $430 level. The price climbed above the 23.6% Fib retracement level of the downward move from the $457 swing high to the $421 low. Bitcoin cash price is still trading below $440 and the 100 simple moving average (4 hours). Immediate resistance on the upside sits near the $438 level. There is also a key bearish trend line forming with resistance at $438 on the 4-hour chart of the BCH/USD pair. Source: BCH/USD on TradingView.com The trend line is close to the 50% Fib retracement level of the downward move from the $457 swing high to the $421 low. A clear move above the $440 resistance might start a decent increase. The next major resistance is near $4502, above which the price might accelerate higher toward the $465 level. Any further gains could lead the price toward the $480 resistance zone. Fresh Drop in BCH? If Bitcoin Cash price fails to clear the $438 resistance, it could start a fresh decline. Initial support on the downside is near the $425 level. The next major support is near the $420 level, where the bulls are likely to appear. If the price fails to stay above the $420 support, the price could test the $400 support. Any further losses could lead the price toward the $384 zone in the near term. Technical indicators 4-hour MACD – The MACD for BCH/USD is losing pace in the bearish zone. 4-hour RSI (Relative Strength Index) – The RSI is currently in near the 50 level. Key Support Levels – $425 and $420. Key Resistance Levels – $440 and $450.

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