Tuesday, July 29, 2025
  • Login
SB Crypto Guru News- latest crypto news, NFTs, DEFI, Web3, Metaverse
No Result
View All Result
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • CRYPTO MINING
  • BLOCKCHAIN
  • NFT
  • DEFI
  • WEB3
  • METAVERSE
  • REGULATIONS
  • SCAM ALERT
  • ANALYSIS
CRYPTO MARKETCAP
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • CRYPTO MINING
  • BLOCKCHAIN
  • NFT
  • DEFI
  • WEB3
  • METAVERSE
  • REGULATIONS
  • SCAM ALERT
  • ANALYSIS
No Result
View All Result
SB Crypto Guru News- latest crypto news, NFTs, DEFI, Web3, Metaverse
No Result
View All Result

Indicators Level to Contemporary BCH Rally Forward

by SB Crypto Guru News
February 12, 2024
in Analysis
Reading Time: 3 mins read
0 0
A A
0


Bitcoin Money value rallied over 15% and broke the $275 resistance. BCH is now dealing with robust resistance close to the $282 zone.

  • Bitcoin money value began a contemporary surge above the $250 resistance.
  • The worth is buying and selling above $265 and the 100 easy shifting common (4 hours).
  • There’s a key bullish pattern line forming with help at $258 on the 4-hour chart of the BCH/USD pair (knowledge feed from Kraken).
  • The pair might proceed to maneuver up if it clears the $282 resistance zone.

Bitcoin Money Worth Rallies Above $270

After forming a base above the $232 stage, Bitcoin Money value began a gradual improve. It broke the $245 resistance to enter a optimistic zone, like Bitcoin and Ethereum.

There was a robust improve above the $250 and $265 resistance ranges. The worth gained over 15% and examined the $282 resistance. A excessive was shaped close to $283 and the value is now correcting positive factors. There was a transfer beneath the $275 stage.

The worth examined the 23.6% Fib retracement stage of the upward transfer from the $233 swing low to the $283 excessive. BCH is now exhibiting optimistic indicators above $260 and the 100 easy shifting common (4 hours).

Bitcoin Cash Price

Supply: BCH/USD on TradingView.com

There may be additionally a key bullish pattern line forming with help at $258 on the 4-hour chart of the BCH/USD pair. If there’s one other improve, the value may face resistance close to $275. To proceed larger, the value should settle above $282. The subsequent main resistance is close to $292, above which the value may speed up larger towards the $300 stage. Any additional positive factors may lead the value towards the $320 resistance zone.

Contemporary Drop in BCH?

If Bitcoin Money value fails to clear the $275 resistance, it might begin a contemporary decline. Preliminary help on the draw back is close to the $265 stage.

The subsequent main help is close to the $258 stage or the pattern line. It’s near the 50% Fib retracement stage of the upward transfer from the $233 swing low to the $283 excessive, the place the bulls are prone to seem. If the value fails to remain above the $258 help, the value might check the $245 help. Any additional losses may lead the value towards the $232 zone within the close to time period.

Technical indicators

4-hour MACD – The MACD for BCH/USD is shedding tempo within the bullish zone.

4-hour RSI (Relative Energy Index) – The RSI is presently within the overbought zone.

Key Help Ranges – $265 and $258.

Key Resistance Ranges – $275 and $282.

Disclaimer: The article is offered for instructional functions solely. It doesn’t symbolize the opinions of NewsBTC on whether or not to purchase, promote or maintain any investments and naturally investing carries dangers. You’re suggested to conduct your personal analysis earlier than making any funding selections. Use data offered on this web site completely at your personal danger.



Source link

Tags: aheadBCHBitcoin NewsCrypto NewsCrypto UpdatesFreshLatest News on CryptoPointRallySB Crypto Guru NewsSigns
Previous Post

Analyst Who Nailed Bitcoin 2018 Backside Predicts Rallies for Solana and One SOL Competitor – Right here’s His Outlook

Next Post

Insights From a Tech CEO on Constructing a Billion-Greenback Enterprise

Related Posts

Pendle TVL surpasses B ATH as new catalysts emerge: what’s next?

Pendle TVL surpasses $7B ATH as new catalysts emerge: what’s next?

by SB Crypto Guru News
July 28, 2025
0

The protocol’s TVL touched $7.02 billion today. Upcoming developments like Boros, HyperEVM, and Converge suggest continued growth. PENDLE’s price has...

Solana (SOL) Revs Up Again – Fresh Breakout Above 0 in Sight?

Solana (SOL) Revs Up Again – Fresh Breakout Above $200 in Sight?

by SB Crypto Guru News
July 28, 2025
0

Solana started a fresh increase above the $188 zone. SOL price is now consolidating gains and might aim for more...

Ethereum Price Eyes K Again – Will This Be the Breakout That Sticks?

Ethereum Price Eyes $4K Again – Will This Be the Breakout That Sticks?

by SB Crypto Guru News
July 28, 2025
0

Ethereum price started a fresh increase above the $3,800 zone. ETH is now showing positive signs and might soon aim...

XRP Produces Successful  Support Retest –  But What Next?

XRP Produces Successful $3 Support Retest – But What Next?

by SB Crypto Guru News
July 26, 2025
0

Renowned market expert with X username CasiTrades has shared an interestingly bullish insight on the XRP market. Notably, this price...

Ethena surges 20% after Arthur Hayes scoops up 2M ENA tokens

Ethena surges 20% after Arthur Hayes scoops up 2M ENA tokens

by SB Crypto Guru News
July 25, 2025
0

Arthur Hayes has invested $1.06 million in ENA. The BitMEX co-founder now holds 7.76M ENA coins, worth approximately $3.73M. The...

Load More
Next Post
Insights From a Tech CEO on Constructing a Billion-Greenback Enterprise

Insights From a Tech CEO on Constructing a Billion-Greenback Enterprise

?Previous Momentum Fuels Bitcoin | This Week in Crypto – Feb 12, 2024

?Previous Momentum Fuels Bitcoin | This Week in Crypto – Feb 12, 2024

Facebook Twitter LinkedIn Tumblr RSS

CATEGORIES

  • Altcoin
  • Analysis
  • Bitcoin
  • Blockchain
  • Crypto Exchanges
  • Crypto Updates
  • DeFi
  • Ethereum
  • Metaverse
  • Mining
  • NFT
  • Regulations
  • Scam Alert
  • Uncategorized
  • Web3

SITE MAP

  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2022 - SB Crypto Guru News.
SB Crypto Guru News is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • CRYPTO MINING
  • BLOCKCHAIN
  • NFT
  • DEFI
  • WEB3
  • METAVERSE
  • REGULATIONS
  • SCAM ALERT
  • ANALYSIS

Copyright © 2022 - SB Crypto Guru News.
SB Crypto Guru News is not responsible for the content of external sites.