TRENDING:
Trade War
XAU/USD
Silver
EUR/USD
GBP/USD
USD/CAD
AUD/USD
Sponsored by
Login
|

Bitcoin Cash Technical Analysis: BCH/USD breaks 250.0 psychological level

  • In a good day for crypto's Bitcoin Cash trades over 8% higher.
  • The price has breached the psychological level of 250.00.
Bitcoin Cash Technical Analysis: BCH/USD breaks 250.0 psychological level
Rajan Dhall, MSTARajan Dhall, MSTAFX Daily

BCH/USD Daily Chart

BCH/USD is trading much higher today as crypto sentiment improves.

Bitcoin Cash has now breached the 250.00 psychological resistance level.

The price is also above the 55 EMA but not yet over the 200.

The move was backed by good volume and the RSI has moved further into positive territory.

The next resistance level stands at 268.42 which has been used in the past.

Bitcoin Cash

Additonal Level

BCH/USD

Overview
Today last price259.8827
Today Daily Change22.0913
Today Daily Change %9.29
Today daily open237.7914
 
Trends
Daily SMA20209.9993
Daily SMA50208.7049
Daily SMA100230.239
Daily SMA200278.2701
 
Levels
Previous Daily High243.777
Previous Daily Low231.2301
Previous Weekly High225.7353
Previous Weekly Low191.7762
Previous Monthly High220.5853
Previous Monthly Low170.0256
Daily Fibonacci 38.2%236.023
Daily Fibonacci 61.8%238.9841
Daily Pivot Point S1231.422
Daily Pivot Point S2225.0526
Daily Pivot Point S3218.8751
Daily Pivot Point R1243.9689
Daily Pivot Point R2250.1464
Daily Pivot Point R3256.5159

 

Author

Rajan Dhall, MSTA

Rajan Dhall is an experienced market analyst, who has been trading professionally since 2007 managing various funds producing exceptional returns.

More from Rajan Dhall, MSTA
Share:

Editor's Picks

Monero Price Forecast: XMR risks a drop below $300 under mounting bearish pressure

Monero Price Forecast: XMR risks a drop below $300 under mounting bearish pressure

Monero (XMR) starts the week under pressure, recording a 4% decline at press time on Monday after a 7% drop the previous day, putting the $300 support zone in focus.

Pepe Price Forecast: PEPE holds gains as on-chain, derivatives data support recovery

Pepe Price Forecast: PEPE holds gains as on-chain, derivatives data support recovery

Pepe (PEPE) is stabilizing at $0.0000048 at the time of writing, after recovering over 16% in the previous week. Supporting on-chain and derivatives data hint at further upside, with whale accumulation rising alongside long bets.

Cardano Price Forecast: ADA in survival mode as retail demand wanes

Cardano Price Forecast: ADA in survival mode as retail demand wanes

Cardano (ADA) is trading below $0.2800 at press time, after a 4% decline the previous day. Retail interest in ADA remains low at the start of this week, as evidenced by falling Open Interest and negative funding rates.

Solana Price Forecast: SOL consolidates under key resistance amid improving flows

Solana Price Forecast: SOL consolidates under key resistance amid improving flows

Solana (SOL) is trading at $85 at the time of writing on Monday after failing to break out of the upper consolidation zone. A breakout of this zone would support an upside move.

Bitcoin Price Annual Forecast: BTC holds long-term bullish structure heading into 2026

Bitcoin Price Annual Forecast: BTC holds long-term bullish structure heading into 2026

Bitcoin (BTC) is wrapping up 2025 as one of its most eventful years, defined by unprecedented institutional participation, major regulatory developments, and extreme price volatility.

Bitcoin: BTC bears aren’t done yet

Bitcoin: BTC bears aren’t done yet

Bitcoin (BTC) price slips below $67,000 at the time of writing on Friday, remaining under pressure and extending losses of nearly 5% so far this week.