Bitcoin Cash

Rally

Bitcoin

Resistance

<ul class="list-ic vertical"> 
 <li> <span>1</span> <a>The Bitcoin Cash (BCH) coin price continues gaining momentum and is glimpsing bullishness.</a> </li> 
 <li> <span>2</span> <a>Buyers are showing their dominance and signifying an uptrend.</a> </li> 
</ul> 
<p>The fork of Bitcoin (BTC), the Bitcoin Cash (BCH) coin, displays a trend reversal and recuperates from the demand zone of $180. The coin has attained strength and surged over 30% this month, revealing bull accumulation. Moreover, the coin has retained the neutral region and exhibits investor interest. Followed by the market surge, the coin showed a rebound and persisted in stretching the up move. The coin is glimpsing bullish sentiments and is ready to top the $350 mark.</p> 
<p>Bitcoin Cash (BCH) price has escaped the key moving averages and decisively topped the round mark of $300. The price action signifies the prolonged buildup activity, and fresh buying momentum was noted on the charts. Along with the reversal, the coin has displayed a bullish crossover, suggesting a bullish trend ahead. Recently, a transaction of 235,300 BCH from an unknown wallet to another wallet was witnessed, which led to massive speculation.</p> 
<p>The Bitcoin Cash coin (BCH) price was $319.56 at press time, with an intraday gain of 8.62%, showing neutrality on the charts. Moreover, the trading volume has increased by 50.92% to $855.63 Million. Bitcoin Cash coin has a monthly return ratio of 32.41% and 43.80% on a yearly basis, revealing a bullish outlook. The pair of BCH/BTC is at 0.00504 BTC, and the market cap is $6.09 Billion. Analysts are bullish and suggest that the BCH coin price will soon retest the supply zone of $330.</p> 
<h2 class="wp-block-heading" id="strong-the-bch-price-displays-rising-channel-can-bulls-catch-350-strong"><strong>The BCH Price Displays Rising Channel: Can Bulls Catch $350?</strong></h2> 
<div class="wp-block-image"> 
 <figure class="aligncenter">
  <img decoding="async" src="https://lh7-us.googleusercontent.com/VUPhSsA2pQZmIHLzdpTGvdi_Ub05SPAS-k630By-OvZDLRYVM3lAxjFjJDOU3Yl-od9PrGF2ppEkneqs_ueq3IxiDi92tInBVpB0AykS9kr514PnlAmc47P9OaA_9Srdcs7YHsusJcokLBOX_2_2MeU" alt="BCH Price">
  <figcaption class="wp-element-caption">
   Source: BCH Price Chart By TradingView
  </figcaption>
 </figure>
</div> 
<p>On the daily charts, the coin has persisted in stretching the upward movement and decisively crossed the $300 mark. Afterward, the buyers succeed in gaining dominance and are looking to jump toward $350. The coin has escaped the 38.2% zone per the Fib retracement levels.</p> 
<p>The Relative Strength Index (RSI) curve stayed in the overbought zone and witnessed a positive crossover, signifying investor interest in the last sessions. Similarly, the MACD indicator shows a bullish crossover, and forming green bars on the histogram replicates buying momentum on the charts.</p> 
<h3 class="wp-block-heading" id="strong-bch-splits-the-200-day-ema-mark-does-it-anticipate-a-rally-ahead-strong"><strong>BCH Splits the 200-day EMA Mark: Does It Anticipate a Rally Ahead?</strong></h3> 
<div class="wp-block-image"> 
 <figure class="aligncenter size-large">
  <img loading="lazy" decoding="async" width="1024" height="474" src="https://www.thecoinrepublic.com/wp-content/uploads/2024/02/image-471-1024x474.png" alt="BCH Price" class="wp-image-194899" srcset="https://www.thecoinrepublic.com/wp-content/uploads/2024/02/image-471-1024x474.png 1024w, https://www.thecoinrepublic.com/wp-content/uploads/2024/02/image-471-300x139.png 300w, https://www.thecoinrepublic.com/wp-content/uploads/2024/02/image-471-768x356.png 768w, https://www.thecoinrepublic.com/wp-content/uploads/2024/02/image-471-1536x711.png 1536w, https://www.thecoinrepublic.com/wp-content/uploads/2024/02/image-471-750x347.png 750w, https://www.thecoinrepublic.com/wp-content/uploads/2024/02/image-471-1140x528.png 1140w, https://www.thecoinrepublic.com/wp-content/uploads/2024/02/image-471.png 1600w" sizes="(max-width: 1024px) 100vw, 1024px">
  <figcaption class="wp-element-caption">
   Source: BCH Price Chart By TradingView
  </figcaption>
 </figure>
</div> 
<p>The Bitcoin Cash price showcased a massive comeback and has split the 200-day EMA mark, the major hurdle. It is signaling buyers’ strength on the charts. Furthermore, the coin has crossed $300 and will skyrocket toward $350 in the coming sessions. A rebound from the $200 mark led to a significant reversal, where sellers have started covering their positions. The coin may reach $350 soon.</p> 
<h3 class="wp-block-heading" id="strong-summary-strong"><strong>Summary</strong></h3> 
<p>The<a href="https://www.thecoinrepublic.com/2023/02/21/bch-price-prediction-bitcoin-cash-prepares-to-reach-165/" target="_blank" rel="noreferrer noopener"> Bitcoin Cash</a> (BCH) price signifies bullish momentum and conveys positive sentiments on the charts. Moreover, the price action indicates the follow-on buying momentum and higher high swings were noted. It reveals a bullish trend ahead.</p> 
<h4 class="wp-block-heading"><strong>Technical Levels</strong></h4> 
<p><strong>Support Levels:</strong> $300 and $280</p> 
<p><strong>Resistance Levels:</strong>$350 and $370</p> 
<h5 class="wp-block-heading"><strong>Disclaimer</strong></h5> 
<p>The views and opinions stated by the author or any other person named in this article are for informational purposes only and do not constitute financial, investment, or other advice.</p>

BCH Price Surpassed $300; Will BCH Cross Major Hurdle of $330?

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