Bitcoin Cash

Pepe

<p>The Bitcoin Cash price prediction shows that BCH may head toward the channel’s lower boundary which could later settle in consolidation.</p>
<h2 id="bitcoin-cash-prediction-statistics-data">Bitcoin Cash Prediction Statistics Data:</h2>
<ul>
 <li>Bitcoin Cash price now – $313</li>
 <li>Bitcoin Cash market cap – $6.17 billion</li>
 <li>Bitcoin Cash circulating supply – 19.75 million</li>
 <li>Bitcoin Cash total supply – 19.75 million</li>
 <li>Bitcoin Cash Coinmarketcap ranking – #15</li>
</ul>
<p>Evaluating a cryptocurrency’s potential often benefits from early investment. For instance, <a href="https://insidebitcoins.com/news/bitcoin-cash-price-prediction-bch-surges-6-as-its-halving-concludes-while-this-btc-derivative-closes-on-13m" rel="noopener noreferrer nofollow">Bitcoin Cash (BCH) with a current 24-hour low of $311.42 and a high of $325.87 has seen dramatic fluctuations</a> over time. It reached an all-time high of $4,355.62 on December 20, 2017, reflecting a 92.82% decline from that peak. Conversely, it hit an all-time low of $75.08 on December 15, 2018, but has since surged by over 316% from that low. This historical performance highlights both the token’s volatility and its significant recovery potential.</p>
<h2 id="bch-usd-market">BCH/USD Market</h2>
<p>Key Levels:</p>
<p>Resistance levels: $400, $420, $440</p>
<p>Support levels: $240, $220, $200</p>
<figure id="attachment_572562" aria-describedby="caption-attachment-572562" style="width: 100%" class="wp-caption alignnone"><img decoding="async" class="wp-image-572562 size-full" src="https://insidebitcoins.com/wp-content/uploads/2024/09/BCHUSD_03092024.png" alt="Bitcoin Cash Price Prediction for Today, September 3 – BCH Technical Analysis" width="1437" height="741" srcset="https://insidebitcoins.com/wp-content/uploads/2024/09/BCHUSD_03092024.png 1437w, https://insidebitcoins.com/wp-content/uploads/2024/09/BCHUSD_03092024-300x155.png 300w, https://insidebitcoins.com/wp-content/uploads/2024/09/BCHUSD_03092024-1024x528.png 1024w, https://insidebitcoins.com/wp-content/uploads/2024/09/BCHUSD_03092024-768x396.png 768w" sizes="(max-width: 1437px) 100vw, 1437px">
 <figcaption id="caption-attachment-572562" class="wp-caption-text">
  BCHUSD – Daily Chart
 </figcaption>
</figure>
<p><a href="https://coinmarketcap.com/currencies/bitcoin-cash/" rel="noopener noreferrer nofollow">BCH/USD has been trading within a downward channel, encountering a significant resistance level at $313</a>. This level has historically served as both support and resistance, making it a crucial barrier for BCH. Recently, the price attempted to break out of the moving averages but was rejected at the $326 level, emphasizing the strength of this resistance.</p>
<h2 id="bitcoin-cash-price-prediction-bch-price-may-consolidate-below-the-moving-averages">Bitcoin Cash Price Prediction: BCH Price May Consolidate Below the Moving Averages</h2>
<p>Despite the recent rejection, the Bitcoin Cash price has formed several bullish patterns, including a breakout from a long-term falling wedge. This pattern suggests a potential for upward movement, but the price is now testing the $311 level that has provided strong support. However, this support is critical, as a breakdown could lead to further declines, potentially testing the channel’s lower support at around $250. Any further downtrend could hit the critical supports at $240, $220, and $200.</p>
<p><iframe title="This Will Be $2000 Per Coin Move Of Bitcoin Cash | BCH Price Prediction 2024" width="640" height="360" src="https://www.youtube.com/embed/_mjFZL6u1uQ?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe></p>
<p>Nonetheless, if BCH manages to break out of its current downward channel, the next significant resistance level to watch could be around $360. A breakout above this level could initiate a rally toward this target, offering substantial upside potential for traders. Meanwhile, if there is an increase in buying pressure, the price may break toward the channel to reach the $380 resistance. While trading at that level, a bullish continuation could reach the resistance levels of $400, $420, and $440 respectively.</p>
<h2 id="bch-btc-keeps-moving-bearishly">BCH/BTC Keeps Moving Bearishly</h2>
<p>Against Bitcoin, <a href="https://insidebitcoins.com/news/bitcoin-cash-price-surges-7-as-bch-halving-nears-as-analysts-see-potential-10x-gains-with-this-eco-friendly-token" rel="noopener noreferrer nofollow">Bitcoin Cash is likely to continue the bearish movement as the bears keep showing a serious commitment within the market</a>. According to the recent negative sign, the bearish trend may continue as much as the buyers failed to push the price above the 9-day and 21-day moving averages.</p>
<figure id="attachment_572561" aria-describedby="caption-attachment-572561" style="width: 100%" class="wp-caption alignnone"><img decoding="async" class="wp-image-572561 size-full" src="https://insidebitcoins.com/wp-content/uploads/2024/09/BCHBTC_03092024.png" alt="Bitcoin Cash Price Prediction for Today, September 3 – BCH Technical Analysis" width="1437" height="741" srcset="https://insidebitcoins.com/wp-content/uploads/2024/09/BCHBTC_03092024.png 1437w, https://insidebitcoins.com/wp-content/uploads/2024/09/BCHBTC_03092024-300x155.png 300w, https://insidebitcoins.com/wp-content/uploads/2024/09/BCHBTC_03092024-1024x528.png 1024w, https://insidebitcoins.com/wp-content/uploads/2024/09/BCHBTC_03092024-768x396.png 768w" sizes="(max-width: 1437px) 100vw, 1437px">
 <figcaption id="caption-attachment-572561" class="wp-caption-text">
  BCHBTC – Daily Chart
 </figcaption>
</figure>
<p>However, the 9-day moving average remains below the 21-day moving average to confirm the bearish movement. Therefore, any further downtrend could hit the support level of 4300 SAT and below, but a bullish cross above the upper boundary of the channel may push the price to the resistance level of 6500 SAT and above.</p>
<p>Meanwhile, towards the end of August, @HBVT8375 updated his followers on X (formerly Twitter) regarding the future of $BCH. He noted that if $BCH closes the month above $400, similar to the previous month, it could signal the start of a significant bull run. However, if it doesn’t reach that mark, he advised accumulating more $BCH in preparation for future gains. This strategic outlook emphasizes the importance of the $400 level as a key indicator for potential upward momentum in the market.</p>
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 <p lang="en" dir="ltr">August is going to the end. Whether <a href="https://twitter.com/search?q=%24BCH&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$BCH</a> close this month above 400$ like previous month. If so, a big bull rull for <a href="https://twitter.com/search?q=%24BCH&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$BCH</a> is ahead. If not, buying more. <a href="https://t.co/mhkCchqtW4" rel="noopener noreferrer nofollow">pic.twitter.com/mhkCchqtW4</a></p>
 <p>— LEO68 (@HBVT8375) <a href="https://twitter.com/HBVT8375/status/1829336966879740299?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">August 30, 2024</a></p>
</blockquote>
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p>
<h2 id="alternatives-to-bitcoin-cash">Alternatives to Bitcoin Cash</h2>
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<p>Pepe Unchained, having raised over $11.7 million and attracted significant daily inflows, is emerging as a standout in the cryptocurrency market. Its advanced Layer 2 blockchain offers fast transaction speeds, low fees, and a dedicated block explorer. <a href="https://www.youtube.com/watch?v=XxFABl4jbm4" rel="noopener noreferrer nofollow">With projections indicating a potential 100x increase by 2025 and a 193% annualized staking return, $PEPU presents a compelling investment opportunity</a>. The strong market interest and positive forecasts make now an excellent time to invest in Pepe Unchained, positioning it as a promising asset in your investment portfolio.</p>
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<h2 id="related-news">Related News</h2>
<ul>
 <li><a href="https://insidebitcoins.com/news/bitcoin-cash-price-prediction-bch-surges-6-as-its-halving-concludes-while-this-btc-derivative-closes-on-13m" rel="noopener noreferrer nofollow">Bitcoin Cash Price Prediction: BCH Surges 6% As Its Halving Concludes, While This BTC Derivative Closes On $13M</a></li>
 <li><a href="https://insidebitcoins.com/news/pepe-unchained-raises-11-5m-in-ico-positioned-to-lead-renewed-meme-coin-supercycle" rel="noopener noreferrer nofollow">Pepe Unchained Raises $11.5M In ICO, Positioned To Lead Renewed Meme Coin Supercycle</a></li>
</ul>

Bitcoin Cash Price Prediction for Today, September 3 – BCH Technical Analysis

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