Bitcoin Cash (BCH) Opwaartse beweging is fêsthâlden op $ 540 Ferset

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RESULTS

Key Hichtepunten
BCH has fallen to $387 low
BCH battles resistance at level $540

Bitcoin Cash (BCH) Aktuele statistiken
De hjoeddeistige priis: $ 494.93
Marktkapitalisaasje: $ 10,394,679,319
Hannelsvolumint: $ 10,394,679,319
Wichtige leveringssônes: $ 700, $ 720, $ 740
Wichtige fraachsonen: $ 250, $ 230, $ 210

Bitcoin Cash (BCH) Priisanalyse 5 juli 2021
Sûnt 23 juny, Bitcoin Cash (BCH) has been making upward moves. For the past week, BCH has risen from the low of $387 to a high of $540. The upward move has been repelled at the resistance of $540. Buyers could not penetrate the recent high as BCH retraces after the second rejection. The market will continue its rise if the bulls break the resistance at $540. Meanwhile, on June 29 uptrend; a retraced candle body tested the 61.8 % Fibonacci retracement level. The retracement indicates that BCH will rise to level 1.618 Fibonacci extension or level $619.06.

Bitcoin Cash Technyske yndikatoaren lêze
BCH has risen to level 42 of the Relative Strength Index period 14. It indicates the market is still in the downtrend zone and below the centerline line 50. The altcoin is capable of falling in the bearish trend zone. Also, the altcoin is below the 20% range of the daily stochastic. BCH has fallen to an oversold region.

Konklúzje
Bitcoin Cash is rising on the upside. The crypto’s price is consolidating above the $430 support. Meanwhile, on July 3 uptrend; a retraced candle body tested the 61.8 % Fibonacci retracement level. The retracement indicates that BCH will rise to level 1.618 Fibonacci extension or level $ 538.33. From the price action, BCH has retested the 1.618 Fibonacci extensions and fallen to the $489 low.


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