• From the Fibonacci tool, on June 27, the crypto’s price fell to the support of the 0.382 Fib. retracement level.
• On the upside, the bulls are likely to make an upward move to retest or break the $250 resistance level.

BSV /USD Medium-term Trend: Bullish

• Resistance Levels: $250, $275, $300
• Support Levels: $225, $200, $175

Yesterday, June 26, the price of BSV was in a bullish trend. Yesterday, the crypto’s price was retracing after being resisted from the $256 price level. From the Fibonacci tool, on June 27, the crypto’s price fell to the support of the 0.382 Fib. retracement level. The support level was holding as the bulls made an upward move to the previous highs.

On the upside, the bulls are likely to make an upward move to retest or break the $250 resistance level. The BSV coin is at the overbought region of the daily stochastic but below the 60% range. This indicates that price is in the bearish momentum and sell signal.

BSV/USD Short-term Trend: Ranging

On the 1-hour chart, the price of BSV is in a sideways trend zone. The 12-day EMA and the 26-day EMA are sloping horizontally. On June 26, the bulls reached a high of $243 price level and were resisted. The BSV market had been trading below the $244 overhead resistance.

On June 26 again, the bulls tested the overhead resistance and the price fell below the EMAs,
The daily stochastic is in the overbought region but above the 60% range. This indicates that price is in a bullish momentum and a buy signal

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