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Schlëssel Héichpunkter
BCH is range-bound between levels $250 and $280
BCH trades in the bullish trend zone
Bitcoin Cash (BCH) Aktuell Statistiken
Den aktuelle Präis: $258.44
Maart Kapitaliséierung: $ 4,796,932,301
Handelsvolumen: $ 2,372,198,185
Grouss Versuergungszonen: $ 325,, $ 350, $ 375
Grouss Ufrozonen: $ 200, $ 175, $ 150
Bitcoin Cash (BCH) Präis Analyse de 02. November 2020
In a nutshell, BCH is range bound between $250 and $280. Since October 22, buyers have been making efforts to break the $280 resistance. The breaking of the resistance will increase the chances of an upward movement of the coin.
The coin will rise and reach the $320 high. The price is fluctuating within the current price range as bulls continue to retest the resistance at $280. Today, BCH is trading at $261 at the time of writing. On the downside, if the bears break the $250 support level, the downtrend will resume. Otherwise, the current range-bound movement will continue.
Bitcoin Cash Technesch Indikatoren Liesen
The coin is at level 53 of the Relative Strength Index period 14. The coin is in the uptrend zone and above the centerline 50. The price bars are consolidating above the SMAs which indicates a further upward movement of the coin.
COnklusioun
BCH has a chance of further upward move if the resistance at $280 is breached. Following the retesting of the retraced candle body at 50% Fibonacci retracement level, BCH bulls have attempted to break the current resistance. The retraced candle indicates that BCH is likely to rise to the 2.0 extension level. In other words, BCH will reach a high of $323.10.
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