Bitcoin Cash technical analysis: BCH/USD bulls struggling to break back above breached key support

  • Bitcoin price on Monday is holding big gains of around 3% in the latter part of the session. 
  • BCH/USD bulls are struggling to break back above a breached trend line of prior support. 
  • Price action over the five sessions has been moving within a very narrowing range-block formation. 


Spot rate:                 392.29

Relative change:      +2.90%

High:                        400.69

Low:                         373.78


Today last price 392.1698
Today Daily Change 11.6305
Today Daily Change % 3.06
Today daily open 380.5393
Daily SMA20 413.9464
Daily SMA50 350.7495
Daily SMA100 275.7434
Daily SMA200 209.3957
Previous Daily High 397.8898
Previous Daily Low 371.0357
Previous Weekly High 452.1883
Previous Weekly Low 362.9877
Previous Monthly High 483.1092
Previous Monthly Low 261.4551
Daily Fibonacci 38.2% 381.294
Daily Fibonacci 61.8% 387.6315
Daily Pivot Point S1 368.42
Daily Pivot Point S2 356.3008
Daily Pivot Point S3 341.5659
Daily Pivot Point R1 395.2741
Daily Pivot Point R2 410.009
Daily Pivot Point R3 422.1282


BCH/USD 60-minute chart

  • 60-minute range formation can be seen containing price action, capping further upside potential. 


BCH/USD daily chart

  • Price action via the daily chart view is stuck moving within consolidation mode, moving within a narrowing range-block. 

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility.

Cryptos feed

Latest Crypto News & Analysis

Editors’ Picks

Bitcoin price prediction: BTC/USD recovers following a late bullish rally, faces resistance at $10,275

After BTC/USD went below $10,000, the bulls rallied together to bring the price up to $10,273 this Thursday. The hourly breakdown of Thursday shows us that the price found support at $9,800 and jumped up to $9,880. 

More Bitcoin News

Ripple price update: XRP/USD pivot at the 50% Fibo

Ripple was lucky enough to rise above the key resistance at $0.32. However, the buyers failed to sustains gains above the level resulting in dive under $0.30 on Thursday. The 38.2% Fib retracement level from the last swing high at ...

More Ripple News

Ethereum price analysis: Bears take control to bring ETH/USD back inside the Bollinger Band

Following eight straight bullish days, the bears have finally taken control of the market. ETH/USD has gone down from $221.35 to $217.75 so far today. Let’s look at the hourly breakdown of Thursday and Friday. 

More Ethereum News

BCH/USD technical analysis: Bitcoin Cash finds support ahead of 300 again

Bitcoin Cash is still 0.56% lower this evening but it is not one of the worst-performing cryptocurrencies.  After selling off earlier in the session bulls came in to support the price before it managed to test 300.00 yet again.

More Bitcoin Cash News


Bitcoin Weekly Forecast: Rangebound trading and September blues come upon the crypto market

Bitcoin finishes the week with marginal losses. The first digital currency recovered from the recent low of $9,886 but stayed in the red zone as of the end of the week.

Read the weekly forecast