Bitcoin Cash Price Prediction Today: Daily (BCH) Value Forecast – June 10


  • From the Fibonacci tool, BCH price is in the 0.382 Fib. retracement level. The 0.236 and 0.382 Fib. retracement levels are continuation zones for a trending market.
  • On the downside, if the bears break below the 0.382 Fib. retracement level, the crypto will be in the downtrend zone.

BCH /USD Medium-term Trend: Bullish

Resistance Levels: $400, $425, $450
Support Levels: $375, $350,$325

Last week the price of Bitcoin Cash was in a bearish trend. On June 3, the bulls were resisted while testing the $450 overhead resistance. The BCH market was on a downward correction up till June 4 at the price of $382 price level. On June 4, the market commenced a range bound movement at the 26-day EMA.

From the Fibonacci tool, BCH price is in the 0.382 Fib. retracement level. The 0.236 and 0.382 Fib. retracement levels are continuation zones for a trending market. The crypto’s price is trading at the border of O.50 (50%) Fib. retracement level. On the downside, if the bears break below the 0.382 Fib. retracement level, the crypto will be in the downtrend zone. On the upside, if the bulls break above EMAs, the crypto’s price will rise to retest the overhead resistance.

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 26-day EMA are moving sloppily in a horizontal pattern at the $392 price level. On June 9, the bears broke away from the range bound move and fell to the lower price range at $375 price level.

The $375 price level was the previous low of June 4 and 6. The support level was holding as the bulls pulled above the EMAs. Meanwhile, the BCH market is in the overbought region of the daily stochastic but above the 60% range. Which indicates that price is in a bullish momentum and buy signal.

Live Bitcoin Cash (BCH) Price:

1 BCH/USD =$1,229.4084 change ~ -19.89%

Coin Market Cap

$23.03 Billion

24 Hour Volume

$2.74 Billion

24 Hour VWAP

$1.4 K

24 Hour Change

$-244.58

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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