Bitcoin Cash (BCH) Soars 20%: Can The Momentum Last?
2024年10月15日 - 2:28PM
NEWSBTC
Bitcoin Cash price started a major increase above the $350
resistance. BCH is consolidating and might aim for more gains above
the $385 resistance. Bitcoin cash price started a fresh increase
above the $350 level. The price is trading above $365 and the
100-hour simple moving average. There is a connecting bullish trend
line forming with support at $355 on the hourly chart of the
BCH/USD pair (data feed from Kraken). The pair could start another
increase if it clears the $380 resistance zone. Bitcoin Cash Price
Starts Fresh Surge After forming a base above the $315 level,
Bitcoin Cash price started a fresh increase. BCH outpaced Bitcoin
and Ethereum to gain over 20%. There was a clear move above the
$350 resistance zone. The price even surpassed $365 and tested the
$385 resistance zone. A high was formed near $385.95 and the price
is now correcting gains. There was a minor move below the $375
level. The price dipped and tested the 23.6% Fib retracement level
of the upward move from the $318.02 swing low to the $385.95 high.
Bitcoin cash price is now trading above $365 and the 100-hour
simple moving average. There is also a connecting bullish trend
line forming with support at $355 on the hourly chart of the
BCH/USD pair. The trend line is close to the 50% Fib retracement
level of the upward move from the $318.02 swing low to the $385.95
high. Immediate resistance on the upside sits near the $380 level.
A clear move above the $380 resistance might start a decent
increase. The next major resistance is $385, above which the price
might accelerate higher toward the $400 level. Any further gains
could lead the price toward the $420 resistance zone. Fresh Drop in
BCH? If Bitcoin Cash price fails to clear the $380 resistance, it
could start a fresh decline. Initial support on the downside is
near the $365 level. The next major support is near the $355 level
or the trend line. If the price fails to stay above the $355
support, the price could test the $340 support. Any further losses
could lead the price toward the $332 zone in the near term.
Technical indicators 4-hour MACD – The MACD for BCH/USD is losing
pace in the bullish zone. 4-hour RSI (Relative Strength Index) –
The RSI is currently above the 50 level. Key Support Levels – $365
and $355. Key Resistance Levels – $380 and $385.
Bitcoin Cash (COIN:BCHUSD)
過去 株価チャート
から 11 2024 まで 12 2024
Bitcoin Cash (COIN:BCHUSD)
過去 株価チャート
から 12 2023 まで 12 2024