Bitcoin Cash Price Prediction Today: Daily (BCH) Value Forecast – June 17


  • The BCH price is already in the continuation zone of 0.236 and 0.382 Fib. retracement level.
  • The 12-day EMA support level is holding as the bulls make an upward move to retest the $440 overhead resistance.

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 bullish trend. The crypto’s price was making a series of higher highs and higher lows. On June 13, the bulls made an upward move to a high of $420 but retraced to the support of the 12-day EMA. On June 16, the upward move continued as the bulls reached the $440 overhead resistance.

However, the bulls were resisted at the overhead resistance as the market was in a downward correction. The BCH market fell to the support of 12-day EMA. The 12-day EMA support level is holding as the bulls make an upward move to retest the $440 overhead resistance. From the Fibonacci retracement tool, BCH price is in the support level of the 0.382 Fib. retracement level.

The BCH price is already in the continuation zone of 0.236 and 0.382 Fib. retracement level. 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.

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 after the bulls were resisted at $440 overhead resistance and the $436 resistance level.

On June 16, the resistance made the coin to fall to the support of the 12-day EMA. Also, the coin fell below the EMAs to commence a range bound move. Meanwhile, the BCH market is in the oversold region of the daily stochastic but above the 40% range. Which indicates that price is in a bullish momentum and buy signal.

Live Bitcoin Cash (BCH) Price:

1 BCH/USD =$1,408.4429 change ~ 1.93%

Coin Market Cap

$26.38 Billion

24 Hour Volume

$1.12 Billion

24 Hour VWAP

$1.39 K

24 Hour Change

$27.21

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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