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

Bitcoin Cash technical analysis: BCH/USD subject to a potential explosive breakout

  • Bitcoin Cash price is trading in the green, with gains of 0.35% in the second half of the session.
  • BCH/USD the price behaviour and technical structure suggest further moves south. 
  • The price has done little since 23 November, a lack of committed direction. 
Bitcoin Cash technical analysis: BCH/USD subject to a potential explosive breakout
Ken ChigboKen ChigboIndependent Analyst

BCH/USD weekly chart

Price action via the weekly is trading just above a breached flag structure, moving within consolidation mode. 

BCH/USD daily chart

The price within the daily view is narrowing, a range to the low of $200 to the high up at $225. 

Spot rate:                  211.49

Relative change:      +0.30 %

High:                          213.97

Low:                           211.70

BCH/USD

Overview
Today last price212.9689
Today Daily Change0.2604
Today Daily Change %0.12
Today daily open212.7085
 
Trends
Daily SMA20216.6494
Daily SMA50248.2306
Daily SMA100255.4541
Daily SMA200311.9359
 
Levels
Previous Daily High215.2542
Previous Daily Low208.5062
Previous Weekly High220.5853
Previous Weekly Low202.9433
Previous Monthly High308.1348
Previous Monthly Low192.2474
Daily Fibonacci 38.2%212.6765
Daily Fibonacci 61.8%211.0839
Daily Pivot Point S1209.0584
Daily Pivot Point S2205.4084
Daily Pivot Point S3202.3105
Daily Pivot Point R1215.8064
Daily Pivot Point R2218.9043
Daily Pivot Point R3222.5543

Author

Ken Chigbo

Ken Chigbo

Independent Analyst

Ken has over 8 years exposure to the financial markets. He started his career as an analyst, covering a variety of asset classes; forex, fixed income, commodities and equities.

More from Ken Chigbo
Share:

Editor's Picks

Starknet unveils strkBTC, shielded Bitcoin transactions on Ethereum Layer 2

Starknet unveils strkBTC, shielded Bitcoin transactions on Ethereum Layer 2

Starknet, the Ethereum Layer 2 network developed by StarkWare, today announced strkBTC, a wrapped Bitcoin asset that introduces optional shielding while preserving full DeFi composability.

Bitcoin, Ethereum, and Ripple consolidate with short-term cautious bullish bias

Bitcoin, Ethereum, and Ripple consolidate with short-term cautious bullish bias

Bitcoin, Ethereum and Ripple are consolidating near key technical areas on Friday, showing mild signs of stabilization after recent volatility. BTC holds above $67,000 despite mild losses so far this week, while ETH hovers around $2,000 after a rejection near its upper consolidation boundary.

Ethereum Price Forecast: FG Nexus continues distribution amid signs of returning risk-on sentiment

Ethereum Price Forecast: FG Nexus continues distribution amid signs of returning risk-on sentiment

FG Nexus, once dubbed an Ethereum treasury firm, resumed offloading the top altcoin on Wednesday, distributing 7,550 ETH, according to data from smart money tracker EmberCN.

Top Crypto Gainers: Stable and Decred rally, Pippin approaches record highs

Top Crypto Gainers: Stable and Decred rally, Pippin approaches record highs

Altcoins, such as Stable, Decred, and Pippin, are extending gains so far this week, defying the risk-averse conditions in the broader cryptocurrency market. Stable and Pippin are near record high levels, while Decred extends its breakout rally above $30.

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: Another month of losses, and it’s been five

Bitcoin: Another month of losses, and it’s been five

Bitcoin (BTC) price is stabilizing around $68,000 at the time of writing on Friday, but the Crypto King is poised to close February on a fragile footing, marking its fifth consecutive month of losses since October and a rare start to the year with back-to-back monthly corrections.