Bitcoin Cash Price Prediction Today: Daily (BCH) Value Forecast – July 29


  • On July 14, the downward trend was corrected at the $280 price level.
  • On the upside, if the bulls break above the 12-day EMA and the 26-day EMA, the coin will rise and retest the $400 and $480 price levels.

BCH /USD Medium-term Trend: Ranging

  • Resistance Levels: $480, $500, $520
  • Support Levels: $280, $260, $240

Last week the price of Bitcoin Cash was in a range-bound move below the 12-day EMA and the 26-day EMA. In the previous weeks, the crypto had been on a downward correction. On June 27, the bulls were resisted at the $480 price level and the market fell on a downward correction to a low at $400 price level.

The bulls defended the support level for over a week before it was broken by the bears. On July 14, the downward trend was corrected at the $280 price level. The crypto’s price had been ranging below the EMAs in the last two weeks.

On the upside, if the bulls break above the 12-day EMA and the 26-day EMA, the coin will rise and retest the $400 and $480 price levels. On the other hand, if the bulls fail to break the EMAs, the crypto’ price will continue its range-bound move below the EMAs. Meanwhile, the BCH market is in the overbought region of the daily stochastic but above the 40% range. This indicates that price is in a bullish momentum and buy signal.

BCH/USD Short-term Trend: Ranging

On the 1-hour chart, the price of BCH is in a sideways trend. The 12-day EMA and the 26-day EMA are trending horizontally indicating that price is in a sideways trend. On July 27, the bulls were resisted in the bullish trend zone at a price of $324.

The market fell as the bears broke the EMAs to a low of $304 price level. The crypto’s price is fluctuating below and above the EMAs. Meanwhile, the BCH market is in the overbought region of the daily stochastic but below the 60% range. This indicates that price is in a bearish momentum and sell signal.

Live Bitcoin Cash (BCH) Price:

1 BCH/USD =$664.3454 change ~ 5.18%

Coin Market Cap

$12.42 Billion

24 Hour Volume

$542.77 Million

24 Hour VWAP

$646

24 Hour Change

$34.44

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

Get Daily Headlines

Enter Best Email to Get Trending Crypto News & Bitcoin Market Updates

What to Know More?

Join Our Telegram Group to Receive Live Updates on The Latest Blockchain & Crypto News From Your Favorite Projects

Join Our Telegram

Stay Up to Date!

Join us on Twitter to Get The Latest Trading Signals, Blockchain News, and Daily Communication with Crypto Users!

Join Our Twitter

Add comment

E-mail is already registered on the site. Please use the Login form or enter another.

You entered an incorrect username or password

Sorry, you must be logged in to post a comment.
Bitcoin Exchange Guide