{"id":74788,"date":"2025-06-20T05:08:52","date_gmt":"2025-06-20T05:08:52","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=74788"},"modified":"2025-06-20T05:08:52","modified_gmt":"2025-06-20T05:08:52","slug":"bitcoin-cash-bch-pops-8-higher-can-the-momentum-continue","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=74788","title":{"rendered":"Bitcoin Cash (BCH) Pops 8% Higher \u2014 Can The Momentum Continue?"},"content":{"rendered":"

Bitcoin Cash price started a major increase above the $475 resistance. BCH is consolidating and might aim for more gains above the $500 resistance.<\/em><\/p>\n

Bitcoin cash price started a fresh increase above the $480 level.
\nThe price is trading above $480 and the 100-hour simple moving average.
\nThere was a break above a key bearish trend line with resistance at $472 on the hourly chart of the BCH\/USD pair (data feed from Kraken).
\nThe pair could start another increase if it clears the $500 resistance zone.<\/p>\n

Bitcoin Cash Price Starts Fresh Surge<\/h2>\n

After forming a base above the $440 level, Bitcoin Cash price started a fresh increase. BCH outpaced Bitcoin<\/a> and Ethereum<\/a> to gain over 8%. There was a clear move above the $470 resistance zone.<\/p>\n

The price even surpassed $480 and tested the $495 resistance zone. Besides, there was a break above a key bearish trend line with resistance at $472 on the hourly chart of the BCH\/USD pair. A high was formed near $505 and the price is now consolidating gains above the 23.6% Fib retracement level of the upward move from the $455 swing low to the $502 high.<\/p>\n

<\/a><\/p>\n

Bitcoin cash price is now trading above $485 and the 100-hour simple moving average. Immediate resistance on the upside sits near the $500 level. A clear move above the $500 resistance might start a decent increase. The next major resistance is $505, above which the price might accelerate higher toward the $520 level. Any further gains could lead the price toward the $535 resistance zone.<\/p>\n

Are Dips Supported In BCH?<\/h2>\n

If Bitcoin Cash price fails to clear the $500 resistance, it could start a fresh decline. Initial support on the downside is near the $490 level. The next major support is near the $480 level or the 50% Fib retracement level of the upward move from the $455 swing low to the $502 high.<\/p>\n

If the price fails to stay above the $480 support, the price could test the $470 support. Any further losses could lead the price toward the $450 zone in the near term.<\/p>\n

Technical indicators<\/p>\n

4-hour MACD \u2013 The MACD for BCH\/USD is losing pace in the bullish zone.<\/p>\n

4-hour RSI (Relative Strength Index) \u2013 The RSI is currently above the 60 level.<\/p>\n

Key Support Levels \u2013 $490 and $480.<\/p>\n

Key Resistance Levels \u2013 $500 and $505.<\/p>","protected":false},"excerpt":{"rendered":"

Bitcoin Cash price started a major increase above the $475 resistance. BCH is consolidating and might aim for more gains above the $500 resistance. Bitcoin cash price started a fresh increase above the $480 level. The price is trading above $480 and the 100-hour simple moving average. There was a break above a key bearish […]<\/p>\n","protected":false},"author":0,"featured_media":74789,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-74788","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/74788"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=74788"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/74788\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/74789"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=74788"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=74788"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=74788"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}