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BCHUSD Bitcoin Cash

524.59
6.20 (1.20%)
10:34:21 - Realtime Data
Name Symbol Market Market Cap ($) Algorithm
Bitcoin Cash BCHUSD Crypto 10,355,709,419 SHA-256d
  Price Change Price Change % Current Price Bid Price Offer
  6.20 1.20% 524.59 524.69 524.91
High Price Low Price Open Price Prev. Close 52 Week Range
539.98 506.00 519.29 518.39 212.00 - 719.43
Exchange Last Trade Size Trade Price Currency
GDAX 10:34:20 0.020100 524.59 USD
Price x Volume Volume Base Symbol Related Pairs
8,992,130.73 17,281.69 BCH BCHEUR BCHGBP BCHBTC

Bitcoin Cash Price Jumps 15%: Is This Just the Beginning of More Gains?

20/09/2024 6:08am

NEWSBTC


Bitcoin Cash price started a major increase above the $320 resistance. BCH is consolidating and might aim for more gains above the $350 resistance. Bitcoin cash price started a fresh increase above the $330 level. The price is trading above $335 and the 100-hour simple moving average. There is a bullish flag pattern forming with resistance at $345 on the hourly chart of the BCH/USD pair (data feed from Kraken). The pair could start another increase if it clears the $350 resistance zone. Bitcoin Cash Price Starts Fresh Surge After forming a base above the $305 level, Bitcoin Cash price started a fresh increase. BCH outpaced Bitcoin and Ethereum to gain over 15%. There was a clear move above the $320 resistance zone. The price even surpassed $335 and tested the $350 resistance zone. A high was formed near $349.73 and the price is now correcting gains. There was a minor move below the $345 level. The price dipped below the 23.6% Fib retracement level of the upward move from the $306.92 swing low to the $349.73 high. Bitcoin cash price is now trading above $335 and the 100-hour simple moving average. Immediate resistance on the upside sits near the $345 level. There is also a bullish flag pattern forming with resistance at $345 on the hourly chart of the BCH/USD pair. A clear move above the $345 resistance might start a decent increase. The next major resistance is near $350, above which the price might accelerate higher toward the $362 level. Any further gains could lead the price toward the $380 resistance zone. Fresh Drop in BCH? If Bitcoin Cash price fails to clear the $345 resistance, it could start a fresh decline. Initial support on the downside is near the $335 level. The next major support is near the $328 level or the 50% Fib retracement level of the upward move from the $306.92 swing low to the $349.73 high. If the price fails to stay above the $328 support, the price could test the $320 support. Any further losses could lead the price toward the $305 zone in the near term. Technical indicators 4-hour MACD – The MACD for BCH/USD is gaining pace in the bearish zone. 4-hour RSI (Relative Strength Index) – The RSI is currently above the 50 level. Key Support Levels – $335 and $328. Key Resistance Levels – $345 and $350.

1 Year Bitcoin Cash Chart

1 Year Bitcoin Cash Chart

1 Month Bitcoin Cash Chart

1 Month Bitcoin Cash Chart

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