BCH\/USD on TradingView.com<\/a><\/p>\nThe 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.<\/p>\n
Fresh Drop in BCH?<\/h2>\n 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.<\/p>\n
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.<\/p>\n
Technical indicators<\/p>\n
4-hour MACD \u2013 The MACD for BCH\/USD is losing pace in the bearish zone.<\/p>\n
4-hour RSI (Relative Strength Index) \u2013 The RSI is currently in near the 50 level.<\/p>\n
Key Support Levels \u2013 $425 and $420.<\/p>\n
Key Resistance Levels \u2013 $440 and $450.<\/p>\n","protected":false},"excerpt":{"rendered":"
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 \u2013 The MACD for BCH\/USD is losing pace in the bearish zone. 4-hour RSI (Relative Strength Index) \u2013 The RSI is currently in near the 50 level. Key Support Levels \u2013 $425 and $420. Key Resistance Levels \u2013 $440 and $450.<\/p>\n","protected":false},"author":67,"featured_media":405676,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3],"tags":[16131,88621,10736],"class_list":["post-607684","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-bch-usd","tag-bch-usdt","tag-bitcoin-cash"],"acf":[],"yoast_head":"\n
Bitcoin Cash Price At Make-Or-Break Moment, Key Levels To Watch<\/title>\n \n \n \n \n \n \n \n \n \n \n \n \n \n\t \n\t \n\t \n \n \n \n \n \n\t \n\t \n\t \n