NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: Tether Resolves Celsius Lawsuit With Major $300 Million Settlement Deal
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: Tether Resolves Celsius Lawsuit With Major $300 Million Settlement Deal

Bitcoin Cash Price Technical Analysis – BCH/USD Made U-Turn

Aayush Jindal
Aayush Jindal
1 year ago
2 mins read
Bitcoin Cash Technical analysis

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Key Points

  • Bitcoin cash price failed to break the $680 resistance and declined sharply against the US Dollar.
  • Yesterday’s highlighted key bullish trend line with support at $662 was breached on the hourly chart of the BCH/USD pair (data feed from Kraken).
  • The pair is now well below the $650 support and is just below the 100 hourly simple moving average.

Bitcoin cash price declined back below $650 against the US Dollar. BCH/USD has to bounce back above 100 hourly SMA to avoid further declines.

Bitcoin Cash Price Decline

Yesterday, we saw a decent upside move above the $650 level in bitcoin cash price against the US Dollar. The price traded towards the $680 level, which acted as a solid hurdle. Buyers failed to push the price above $680-682, which resulted in a downside move. There was a break below the 50% Fib retracement level of the last wave from the $600 low to $682 high.

More importantly, yesterday’s highlighted key bullish trend line with support at $662 was breached on the hourly chart of the BCH/USD pair. The pair is currently trading well below the $650 support, which is a bearish sign. Moreover, the price is now trading just below the 100 hourly simple moving average and $640. It is holding the 61.8% Fib retracement level of the last wave from the $600 low to $682 high. Therefore, the price must stay above the $625 level and it should soon break the 100 hourly SMA.

Bitcoin Cash Price Technical Analysis BCH USD

If BCH buyers fail to move the price back above $640 and 100 SMA, there are chances of more losses. A break below the $625 level could even push the price back towards $600 in the near term.

Looking at the technical indicators:

Hourly MACD – The MACD for BCH/USD is back in the bearish zone.

Hourly RSI (Relative Strength Index) – The RSI for BCH/USD is now well below the 50 level.

Major Support Level – $625

Major Resistance Level – $650

 

Charts courtesy – Trading View

Tweet123Share196ShareSend
Aayush Jindal
Aayush Jindal

Aayush Jindal

Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis.

Read more

From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked on a journey that would lead him to become one of the foremost authorities in the fields of Forex and crypto trading. With a meticulous eye for detail and an unwavering commitment to excellence, Aayush honed his craft over the years, mastering the art of technical analysis and chart interpretation.
As a software engineer, Aayush harnesses the power of technology to optimize trading strategies and develop innovative solutions for navigating the volatile waters of financial markets. His background in software engineering has equipped him with a unique skill set, enabling him to leverage cutting-edge tools and algorithms to gain a competitive edge in an ever-evolving landscape.

In addition to his roles in finance and technology, Aayush serves as the director of a prestigious IT company, where he spearheads initiatives aimed at driving digital innovation and transformation. Under his visionary leadership, the company has flourished, cementing its position as a leader in the tech industry and paving the way for groundbreaking advancements in software development and IT solutions.

Despite his demanding professional commitments, Aayush is a firm believer in the importance of work-life balance. An avid traveler and adventurer, he finds solace in exploring new destinations, immersing himself in different cultures, and forging lasting memories along the way. Whether he's trekking through the Himalayas, diving in the azure waters of the Maldives, or experiencing the vibrant energy of bustling metropolises, Aayush embraces every opportunity to broaden his horizons and create unforgettable experiences.

Aayush's journey to success is marked by a relentless pursuit of excellence and a steadfast commitment to continuous learning and growth. His academic achievements are a testament to his dedication and passion for excellence, having completed his software engineering with honors and excelling in every department.

At his core, Aayush is driven by a profound passion for analyzing markets and uncovering profitable opportunities amidst volatility. Whether he's poring over price charts, identifying key support and resistance levels, or providing insightful analysis to his clients and followers, Aayush's unwavering dedication to his craft sets him apart as a true industry leader and a beacon of inspiration to aspiring traders around the globe.

In a world where uncertainty reigns supreme, Aayush Jindal stands as a guiding light, illuminating the path to financial success with his unparalleled expertise, unwavering integrity, and boundless enthusiasm for the markets.

Close

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

bitcoin etf blackrock

Το Bitcoin ETF της BlackRock ξεπερνά τα 100 δισ. δολάρια

Σε μια εξέλιξη που επιβεβαιώνει την τεράστια επιτυχία των ρυθμιζόμενων επενδυτικών προϊόντων κρυπτονομισμάτων, το iShares Bitcoin Trust (IBIT) της BlackRock,...

Ιωάννης Ριζόπουλος 3 hours ago
Bitcoin price crash news

Bitcoin Price Crash Below $100,000 Coming? Factors That Highlight Another Decline

With the Bitcoin price seeing some recovery after crashing to $102,000, speculations now abound as to where the pioneer cryptocurrency...

Scott Matherson 3 hours ago
Dogecoin

Dogecoin снова в игре

В крипте все происходит в циклическом порядке: вспышка интереса, спад, тишина, а затем новый виток. Сейчас тот самый момент, когда...

dariajz 4 hours ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

Bitcoin Hyper Promises Explosive Solution to Bitcoin's Biggest Problems

Bitcoin Hyper Could Be the Explosive Fix for Bitcoin’s Biggest Problems

Aaron Walker 10 minutes ago

Orfeo Barone 1 hour ago
Stripe’s Bridge Leads the Stablecoin Season, and Could Boost Best Wallet Token.

Stripe’s Bridge Leads the Stablecoin Season, and Could Boost Best Wallet Token

Aaron Walker 1 hour ago

Premium Sponsors

Press Releases

  • リップル 今後:Swell 2025イベントがXRP市場を一変させる可能性、3週間のカウントダウン開始

    リップル 今後:Swell...

    2 minutes ago
  • 仮想通貨プレセール特集:10月に注目すべき1000倍リターンが期待されるプロジェクト

    ...

    19 minutes ago
  • ChatGPT-5 Predicts

    ChatGPT-5 dự đoán alt coin này có thể biến bạn...

    20 minutes ago
  • 190億ドルの清算後、市場回復の兆し―次に急騰するのは有望な新しい仮想通貨か?

    ...

    28 minutes ago
  • chatgpt predicts

    ChatGPT-5 dự đoán 4 đồng Meme Coin này sẽ tăng...

    29 minutes ago

Newsletter

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.