Bitcoin Cash Price Prediction Today: Daily (BCH) Value Forecast – June 24


  • On the upside, if the 26-day EMA support level holds, the crypto’s price will rise to retest the $500 overhead resistance level.
  • The BCH market retraced to the support of the 0.382 (38.2%) Fib. retracement level.

BCH /USD Medium-term Trend: Bullish

  • Resistance Levels: $480, $500, $520
  • Support Levels: $460, $440,$420

Last week the price of Bitcoin Cash was in a bullish trend. In the previous week, on June 22, the $440 resistance level was broken and the BCH market tested the high of $500. On June 23, the bulls were resisted and BCH market was on a downward correction to the support of the 26-day EMA. On the upside, if the 26-day EMA support level holds, the crypto’s price will rise to retest the $500 overhead resistance level.

Meanwhile, from the Fibonacci tool, the crypto’s price has retraced and broken the 0.236 (23.6%) Fib.retracement level. The BCH market retraced to the support of the 0.382 (38.2%) Fib. retracement level. The bulls have resumed its upward move to the previous high. Nevertheless, the BCH market is in the overbought region of the daily stochastic but below the 60% range. Which indicates that price is in a bearish momentum and sell signal.

BCH/USD Short-term Trend: Ranging

On the 1-hour chart, the price of BCH is in a bullish trend. The 12-day EMA and the 26-day EMA are trending horizontally indicating that price is rising. Today, the crypto’s price has risen from $440 to $ 500.

The BCH price was resisted at the $500 price level and the price fell to the support of the 12-day EMA and was trading below the EMAs. Meanwhile, the BCH market is in the overbought region of the daily stochastic but above the 20% range. Which indicates that price is in a bullish momentum and buy signal.

Live Bitcoin Cash (BCH) Price:

1 BCH/USD =$1,425.8472 change ~ -1.81%

Coin Market Cap

$26.71 Billion

24 Hour Volume

$2.07 Billion

24 Hour VWAP

$1.39 K

24 Hour Change

$-25.81

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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