Bitcoin Cash Price Prediction: Long-term (BCH) Value Forecast – July 27


  • The price was depreciated by 23.5 % of its capitalization in the month of July 2019.
  • On the upside, if the bulls break above the EMAs, the crypto's price will rise to retest the $425 and $480 price level.

BCH/USD Long-term Trend: Bullish

  • Resistance levels: $480, $500, $520
  • Support levels: $300, $280, $260

The BCH/USD pair was in a bearish trend in July 2019. On June 22, the pair reached a high of $480 and was resisted. On July 1, the Coin has an opening balance of $399  and a closing balance of $305  as of July 27, 2019.  The price was depreciated by 23.5 % of its capitalization in the month of July 2019.

On  July 10, the bulls were resisted at the $425 price level. The bears broke the 12-day EMA and the 26-day EMA to reach the bearish trend zone. On July 16, the downward trend was corrected at the support of the $275 price level. On July 17, the bulls made an upward move to break above the EMAs but were resisted by the 12-day EMA. On the upside, if the bulls break above the EMAs, the crypto's price will rise to retest the $425 and $480 price level.

Today, the price is now in a bullish trend.  The stochastic is in the overbought region but below the 40% range which indicates that the price is in a bearish momentum and a sell signal.

Live Bitcoin Cash (BCH) Price:

1 BCH/USD =$1,298.4422 change ~ 7.30%

Coin Market Cap

$24.33 Billion

24 Hour Volume

$3.31 Billion

24 Hour VWAP

$1.22 K

24 Hour Change

$94.76

The views and opinions expressed here do not reflect that of BitcoinExchangeGuide.com and do not constitute financial advice. Always do your own research.     

 

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