Bitcoin SV Price Prediction Today: Daily (BSV) Value Forecast – June 18


  • On the upside, if the price has a bullish break at the $225 overhead resistance, the BSV market will rally above $260 price level.
  • The $225 overhead resistance is now a strong resistance level as it has been tested on more three than occasions. Any breakout will be very powerful.

BSV /USD Medium-term Trend: Bullish

  • Resistance Levels: $225, $250, $275
  • Support Levels: $175, $150, $1125

Yesterday, June 17, the price of BSV was in a bullish trend. Yesterday, the bulls tested the $225 overhead resistance. Today, the crypto’s price is retracing from the overhead resistance level. On May 30, the bulls tested the high of  $225 and were resisted. On June 4 the bulls also tested the $225 overhead resistance and were resisted. Each time, the bulls tested the resistance level the price would fall to the support of the EMAs.

The $225 overhead resistance is now a strong resistance level as it has been tested on more than three occasions. Any breakout will be very powerful. Nevertheless, the downward correction was at the support of the 0.382 Fib. retracement level. The 0.236 and 0.382 Fib. retracement levels are continuation zone for a trending market. On the upside, if the price has a bullish break at the $225 overhead resistance, the BSV market will rally above the $260 price level. The BSV coin is at the overbought region of the daily stochastic but above the 60% range. This indicates that price is in the bullish momentum and a buy signal.

BSV/USD Short-term Trend: Bullish

On the 1-hour chart, the price of BSV is in a bullish trend zone. The 12-day EMA and the 26-day EMA are sloping horizontally. The crypto’s price is characterized by small body candlestick like the Doji and Spinning tops which described the indecision of buyers and sellers at the current market price.

The crypto's price is currently facing resistance at the $225 price level. The price is retracing from the $225 price level. The daily stochastic is in the oversold region but above the 20% range. This indicates that price is in a bullish momentum and a buy signal

Live Bitcoin SV (BSV) Price:

1 BSV/USD =$172.3083 change ~ 1.56%

Coin Market Cap

$3.23 Billion

24 Hour Volume

$163.05 Million

24 Hour VWAP

$172

24 Hour Change

$2.69

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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