Bitcoin Cash (BCH) Price Analysis – Rejected at the Resistance at ±$265!
The Bitcoin Cash price was able to rise up to the golden ratio at ±$265, where it was strongly rejected! Bitcoin Cash Price Analysis – Rejected at the golden ratio! After the Bitcoin Cash price strongly bounced at the golden […]
Which topics should we dive deeper into?
Select what genuinely interests you. Your picks feed directly into our editorial planning.
Crypto news that's actually worth your time.
Weekly. 60 seconds. Carefully curated by our editors: no hype, no promo flood, no spam.
The Bitcoin Cash price was able to rise up to the golden ratio at ±$265, where it was strongly rejected!
Bitcoin Cash Price Analysis – Rejected at the golden ratio!
After the Bitcoin Cash price strongly bounced at the golden ratio support at ±$210, BCH rallied to the golden ratio resistance at ±$265, where it seems to be getting rejected today! Now Bitcoin Cash could find support at the 0.382 Fib support level. That’s also where the 50-Daily-EMA is, which could offer additional support. Should these support levels not hold, the BCH price could fall to the golden ratio at ±$225!
Bitcoin Cash Price Analysis – Will a bearish breakout follow?
But should the Bitcoin Cash price fall under $210, it would result in a bearish breakout from the symmetrical triangle. This might cause the Bitcoin Cash price to fall very low, possibly even to the local low of $133. But should the BCH price break the golden ratio at $265, it would find significant resistance at $270 – $275, where it would meet the 50-Weekly-EMA and the 0.382 Fib level. Later, at ±$360, another important resistance will be waiting for BCH.
The MACD lines are shortly before a bullish crossover, and the histogram has also been growing bullish for two weeks. But as long as the Bitcoin Cash price doesn’t break the golden ratio resistance at $265, things would be looking bad for BCH!
Bitcoin Cash Price Analysis – Bitcoin Cash monthly candle should close above $274 to remain bullish!
To really stay bullish, the BCH October monthly candle should close above $274, which would establish a bullish engulfing candle formation. Then, even a price target of $360 could be thinkable again. Until then, the golden ratio at $265 has to be broken first.
Bitcoin Cash Price Analysis – BCH/BTC pair also finds itself at the golden ratio resistance!
Against Bitcoin, the BCH price reached the golden ratio at 0.023 BTC, where the BCH price was strongly rejected today. The BCH price now finds support at 0.02116 BTC between 0.0217 and 0.0219.
Best Regards and successful trades
Konstantin
Related articles
- Bitcoin Cash Price Prediction: An Algorithmic Approach to Price Forecasting
- Is Bitcoin Cash DEAD? Should you even consider Buying BCH?
- BIG FET Price Prediction: Fetch.ai Price Eyeing $5 Before Bitcoin Halving? Here’s Why..
- Bitcoin Price Resistance BROKEN! Will Bitcoin reach $30,000 again?
- Weekly Analysis Of Digital Currencies (August 25–,September 1, 2018)
Which topics should we dive deeper into?
Select what genuinely interests you. Your picks feed directly into our editorial planning.
Crypto news that's actually worth your time.
Weekly. 60 seconds. Carefully curated by our editors: no hype, no promo flood, no spam.
September 1, 2023 7:10 PM
Top 3 Cryptos to WATCH during the current Crypto Consolidation
A Bitcoin crash doesn't necessarily mean one should immediately jump into selling altcoins. Here's our list of the top 3 cryptos to watch.
February 26, 2023 6:23 AM
Top 5 Cryptocurrencies Of The Week – Week 8
This article is all about the top 5 cryptocurrencies that performed well in the last seven days. Let's take a look at it in more detail.
January 29, 2023 7:50 AM
Top 5 Cryptocurrencies Of The Week – Week 4
This article is all about the top 5 cryptocurrencies of the week that performed well in the last seven days. Let's take a look at it.
August 22, 2024 9:00 PM
MAJOR Bitcoin News: Bitcoin Price SURGE Expected At This Level
Bitcoin and Ethereum are at critical junctures, with key resistance levels in sight. Are the markets poised for a breakout, or will bearish pressures prevail? Explore the latest analysis and insights.
May 1, 2022 3:03 PM
Top 5 Worst Performing Crypto of The Week 17
The crypto market has been witnessing a general decline for some days. In this article we will look into the top 5 worst performing crypto.
January 8, 2024 6:50 AM
Bitcoin Price About to Explode?: 100-Day Bitcoin Halving Countdown Begins!
What will be the impact of Bitcoin halving on the BTC price? Let's take a look at this Bitcoin price prediction article.
November 8, 2023 11:20 PM
Ethereum Price Prediction as the Market Stagnates…Will ETH GO UP?
Ethereum increased by more than 20% in the past 2 weeks. Will Ethereum price go higher? Let's analyze in this Ethereum price prediction.
September 24, 2023 8:56 PM
Shiba Inu Price Prediction: How High Can Shiba Inu reach Short-Term?
What's next for SHIB? Will its prices touch the much-anticipated $0.000010 mark? Let's analyze in this Shiba Inu price prediction.
September 4, 2023 7:45 AM
Bitcoin Price Prediction: Bitcoin’s Price Could Explode to $50,000 in Just 6 Months!
What makes us foresee a significant uptrend in the upcoming months? Let's take a look at this Bitcoin price prediction article.
July 10, 2023 6:50 AM
Will Frax Share (FXS) Price Reach $10?: A Detailed FXS Price Analysis
It has gained significant attention due to its fractional-algorithmic model. The FXS price has increased by 6.66% in the last seven days.
October 18, 2022 5:48 PM
When will Bitcoin reach $100,000? The year is NOT Near!
When can Bitcoin reach 100k again? (Hint: not anytime soon). Let's try to assess in this Bitcoin price prediction article.
April 8, 2022 7:14 PM
Terra LUNA Price reaching $150 soon?? THIS Chart confirms it…
Should you BUY LUNA? We at CryptoTicker are giving you a new Terra Luna price prediction to assess the current situation. Check it out.
February 3, 2024 11:49 PM
Tron Price Prediction 2024: Will Tron Crash to $0.05?
Will Tron crash? This Tron price prediction aims to explore the possibilities after breaching the resistance price of $0.10 just recently.
October 31, 2023 1:35 AM
Shiba Inu (SHIB) Price Prediction for November 2023: Will SHIB Soar High Again?
Explore our in-depth Shiba Inu (SHIB) Price Prediction for November 2023. Discover if SHIB will soar high again amidst fluctuating crypto trends. Read now for comprehensive analysis and insights.
September 14, 2023 7:21 AM
How High Will Shiba Inu Price Go Before Christmas 2023?: SHIB Price Boom Is Closer Than You Think! READ THIS…
Using the provided data, we can glean some insights into the potential trajectory of Shiba Inu Price. Let's take a look at this.
January 27, 2023 5:16 PM
Ethereum Prediction for February 2023 – Are things looking good for ETH?
Will Ethereum price continue to rise or will there be a crash? Let's analyze in this Ethereum prediction for February 2023.
October 9, 2022 7:12 AM
Top 5 Cryptocurrencies of the Week -Week 40
This article is all about the top 5 cryptocurrencies that displayed good performance in the last seven days. Let's take a look at it in more detail.
June 30, 2022 8:44 AM
Will Bitcoin Price reach $10,000? Very Possible, Here’s why!
Now that Bitcoin reached a price of $19,300, will Bitcoin price reach 10000 USD? Is the crypto crash still happening? Let's analyze.
June 19, 2022 7:04 AM
Top 5 Worst Cryptocurrencies Of The Week – Week 24
This post is all about the top 5 worst cryptocurrencies of the week. At the time of writing this, the BTC price is sitting at $18,412.92.
February 26, 2021 1:08 PM
Bitcoin crashes 6% again – What’s going on with Cryptocurrencies?
What's going on with Bitcoin's price & where can prices reach? Bitcoin crash affected the whole cryptocurrency market. Is this a bad signal?
February 17, 2021 11:01 AM
Don’t Buy Bitcoins right now, here’s why
ust three months after reaching $20,000 for the first time ever, Bitcoin hit another impressive milestone, climbing above USD 50,000 for the first time ever yesterday. After hovering at $10,000 for most of 2020, Bitcoin has more than quadrupled its value since October 2020. Over the past 24 hours, the crypto market is mostly recovering from a red day, as the majority of the top 10 cryptos were deeply in the red. Although Bitcoin's price is seen soaring high, there are several reasons why it is better NOT to buy Bitcoin at current prices, not because we don't like Bitcoins, but because...well that's what we're going to discuss in this article:
December 16, 2020 4:42 PM
Bitcoin Price Analysis: BTC Price Surpasses $20,000. What’s Next?
Bitcoin price has just surpassed the amazing $20,000 mark for the first time in its history and sights for more.
October 8, 2020 8:25 PM
LINK Price Faces Critical Resistance Level Ahead
ChainLink is currently trading at $9.42 and faces a critical resistance level established on the daily chart. The digital asset had a massive bull run in 2020, climbing towards $20.11 in August. Unfortunately, the run was short-lived, and the currency […]
June 12, 2024 12:48 PM
Notcoin Price Prediction: Has the Dump of Notcoin (NOT) Ended?
With the huge surge in Notcoin (NOT) recently, the latest drawback has been very intriguing. Will it be the launch of a new surge with new targets or a fallback to new lows?
July 8, 2024 7:51 AM
Crypto Market Crash News As BTC Price Crash Back To 56K
With the crypto market crash, and Bitcoin price drop to below 56k with recent dormant BTC whales activity, what comes next: a correction or further crash soon?
More from CryptoTicker