Bitcoin Cash

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<ul> 
 <li>Bitcoin Cash currently faces significant resistance at $230, determining its short-term movement.</li> 
 <li>A bearish pattern threatens BCH’s position above its exponential moving average, affecting price stability.</li> 
 <li>Despite challenges, BCH holds potential for an upward shift, targeting a price range between $300-$350.</li> 
</ul> 
<p>Amid a turbulent crypto climate, Bitcoin Cash (BCH) grapples with resistance, primarily around the $230 mark. Recent activity shows BCH battling to sustain its momentum past this threshold. Experts point out that while there’s an evident bullish attempt, higher price rejections cast a shadow on its breakout ambitions.</p> 
<p>Currently priced at $206.87, BCH finds it arduous to stay afloat above its exponential moving average (EMA). A notable concern is the formation of a potential double top within this range, a bearish pattern signaling potential dips. Moreover, any inability to remain above the 50-day EMA might see BCH entering a sideways pattern, heralding a dreaded death cross.</p>    
<p>Yet, the crypto landscape remains optimistic. Despite these bearish indicators, HODLers anticipate a possible retest of the recently broken trendline, paving the way for lucrative buying opportunities. On a brighter note, a potential post-retest rally could see BCH shaking off its bearish chains, aiming for a decisive breakout above $220. Such a move could catapult Bitcoin Cash into a bullish phase, targeting a promising $300 to $350 range.</p> 
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   <a href="https://cryptonewsland.com/bitcoin-cash-bch-price-prediction/">Bitcoin-Cash-(BCH)-Price-Prediction</a>
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<p>In conclusion, as the world watches BCH’s dance around the $230 resistance, many remain hopeful about its future. The crypto market’s inherent volatility promises surprises, and for BCH, the sky remains the limit.</p> 
<h4 class="wp-block-heading" id="h-read-also">Read also:</h4> 
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 <li><a href="https://cryptonewsland.com/bitcoin-cash-faces-pressure-as-it-falls-below-190-sellers-gain-leverage/">Bitcoin Cash Faces Pressure as it Falls Below $190, Sellers Gain Leverage</a></li>
 <li><a href="https://cryptonewsland.com/bitcoin-etf-anticipation-causes-bitcoin-cash-bch-surge/">Bitcoin ETF Anticipation Causes Bitcoin Cash (BCH) Surge</a></li>
 <li><a href="https://cryptonewsland.com/bitcoin-cash-bch-price-prediction/">Bitcoin Cash (BCH) Price Prediction 2023 to 2031: Will BCH Price Hit $200 Soon?</a></li>
 <li><a href="https://cryptonewsland.com/bitcoin-cash-price-bch-soars/">Bitcoin Cash Price (BCH) Soars on Rising Social Interest and Exchange Backing</a></li>
 <li><a href="https://cryptonewsland.com/south-koreas-upbit-fuels-bch-surge-with-record-trading-volume/">South Korea’s Upbit Fuels BCH Surge with Record Trading Volume</a></li>
</ul> 
<p>The post <a rel="nofollow" href="https://cryptonewsland.com/why-350-might-not-be-a-dream-for-bitcoin-cash-anymore/">Why $350 Might Not Be a Dream for Bitcoin Cash Anymore</a> appeared first on <a rel="nofollow" href="https://cryptonewsland.com">Crypto News Land</a>.</p>

Why $350 Might Not Be a Dream for Bitcoin Cash Anymore

Crypto News Land

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