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The post <a href="https://coinpedia.org/price-analysis/bitcoin-cash-price-prediction-bch-price-to-rally-30-this-june/" rel="noopener noreferrer nofollow">Bitcoin Cash Price Prediction: BCH Price To Rally 30% This June?</a> appeared first on <a href="https://coinpedia.org" rel="noopener noreferrer nofollow">Coinpedia Fintech News</a>
With the market leader, <a href="https://coinpedia.org/price-prediction/bitcoin-price-prediction/" target="_blank" rel="noopener noreferrer nofollow">Bitcoin price</a>, holding its value above the $71,000 mark, Bitcoin Cash price has successfully regained momentum by displaying a positive uptrend since the week started.
Positively, the BCH price has added 3.71% within the past day and 9.84% over the past seven days. Moreover, it has added 9.12% within the past day and has a Year-to-Date (YTD) return of 96.97%, indicating a bullish outlook for the altcoin.
<h2 class="wp-block-heading" id="h-bch-price-records-a-bullish-action">BCH Price Records A Bullish Action:</h2>
Despite trading in a closed range between $447 and $529, the <a href="https://coinpedia.org/price-prediction/bch-bitcoin-cash-price-prediction/" target="_blank" rel="noopener noreferrer nofollow">Bitcoin Cash price</a> has displayed significant bullish price action over the past few days, indicating an increase in the buying-over-selling pressure.
Moreover, it displays a high possibility of a bullish breakout, suggesting a positive outlook for the Bitcoin-based altcoin during the coming time.
<figure class="wp-block-image"><img decoding="async" src="https://lh7-us.googleusercontent.com/docsz/AD_4nXeIvtyeHh6QNzrxvAtgKL8fWHLX-NNCr3wYXeysuiCWEWVkhUbkzIXQzoMKREkkFouL8UEJD96aPBL1PRNpzCcNbxa2jtKdNLR4KMrJs95z_f4vzAjOYHf41SQYuHltIcddVkVPzZV5vip_M8Mj?key=ut9x0IHgpOZy_yN7dJDovw" alt="BCH Price Analysis">
 <figcaption class="wp-element-caption">
 TradingView: BCH/USDT
 </figcaption>
</figure>
With a trading price of $510.2, a circulating supply of 19,716,128 BCH tokens, and a market cap of $10.068 Billion, the Bitcoin Cash (BCH) price has secured the 15th position in the global cryptocurrency market list.
The Simple Moving Average (SMA) displays a bullish convergence in the 1D time frame, suggesting an increase in the positive sentiment for the <a href="https://markets.coinpedia.org/bitcoin-cash/" target="_blank" rel="noopener noreferrer nofollow">BCH price</a> in the crypto space.
The technical indicator, RSI, records a constant uptrend toward the overbought range, indicating increased buying pressure. Moreover, the average shows a bullish trend at the mid-point, suggesting the price will continue gaining value in the coming time.
<h2 class="wp-block-heading" id="h-how-high-will-bitcoin-cash-go">How High Will Bitcoin Cash Go?</h2>
If the BCH coin price continues gaining momentum, it will prepare to test its resistance level of $529. Furthermore, if the bulls continue to hold power, the Bitcoin Cash token will prepare to test its upper resistance level of $617 during the upcoming weeks.
Conversely, if the bears overpowered the bulls, the BCH price will test its important support level of $447. Moreover, if the bears dominate the market, it will plunge and prepare to test its crucial support level of $350 in the coming time.

Bitcoin Cash Price Prediction: BCH Price To Rally 30% This June?

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