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{"id":607684,"date":"2024-05-13T07:07:00","date_gmt":"2024-05-13T07:07:00","guid":{"rendered":"https:\/\/uniquehot.com\/?p=607684"},"modified":"2024-06-11T14:45:45","modified_gmt":"2024-06-11T14:45:45","slug":"bitcoin-cash-price-440","status":"publish","type":"post","link":"https:\/\/uniquehot.com\/news\/bitcoin-cash-price-440\/","title":{"rendered":"Bitcoin Cash Price At Make-Or-Break Moment, Key Levels To Watch"},"content":{"rendered":"

Bitcoin Cash price extended losses and traded below the $450 support. BCH is consolidating and might start a recovery wave if there is a move above $440.<\/em><\/p>\n

\n
Bitcoin cash price started a fresh decline below the $440 support.<\/li>\n
The price is trading below $440 and the 100 simple moving average (4 hours).<\/li>\n
There is a key bearish trend line forming with resistance at $438 on the 4-hour chart of the BCH\/USD pair (data feed from Kraken).<\/li>\n
The pair could start a decent upward move if it clears the $440 resistance zone.<\/li>\n<\/ul>\n
Bitcoin Cash Price Revisits Support<\/h2>\n
In the past few days, there has been a steady decline in Bitcoin Cash price like Bitcoin<\/a> and Ethereum<\/a>. BCH declined below the $450 and $440 support levels to move into a short-term bearish zone.<\/p>\n
A low was formed at $421 and the price is now consolidating losses. There was a minor move above the $430 level. The price climbed above the 23.6% Fib retracement level of the downward move from the $457 swing high to the $421 low.<\/p>\n
Bitcoin cash price is still trading below $440 and the 100 simple moving average (4 hours). Immediate resistance on the upside sits near the $438 level. There is also a key bearish trend line forming with resistance at $438 on the 4-hour chart of the BCH\/USD pair.<\/p>\n
$\"Bitcoin$ <\/a><\/p>\n
Source: BCH\/USD on TradingView.com<\/a><\/p>\n
The trend line is close to the 50% Fib retracement level of the downward move from the $457 swing high to the $421 low. A clear move above the $440 resistance might start a decent increase. The next major resistance is near $4502, above which the price might accelerate higher toward the $465 level. Any further gains could lead the price toward the $480 resistance zone.<\/p>\n
Fresh Drop in BCH?<\/h2>\n
If Bitcoin Cash price fails to clear the $438 resistance, it could start a fresh decline. Initial support on the downside is near the $425 level.<\/p>\n
The next major support is near the $420 level, where the bulls are likely to appear. If the price fails to stay above the $420 support, the price could test the $400 support. Any further losses could lead the price toward the $384 zone in the near term.<\/p>\n
Technical indicators<\/p>\n
4-hour MACD \u2013 The MACD for BCH\/USD is losing pace in the bearish zone.<\/p>\n
4-hour RSI (Relative Strength Index) \u2013 The RSI is currently in near the 50 level.<\/p>\n
Key Support Levels \u2013 $425 and $420.<\/p>\n
Key Resistance Levels \u2013 $440 and $450.<\/p>\n","protected":false},"excerpt":{"rendered":"
Bitcoin Cash price extended losses and traded below the $450 support. BCH is consolidating and might start a recovery wave if there is a move above $440. Bitcoin cash price started a fresh decline below the $440 support. The price is trading below $440 and the 100 simple moving average (4 hours). There is a key bearish trend line forming with resistance at $438 on the 4-hour chart of the BCH\/USD pair (data feed from Kraken). The pair could start a decent upward move if it clears the $440 resistance zone. Bitcoin Cash Price Revisits Support In the past few days, there has been a steady decline in Bitcoin Cash price like Bitcoin and Ethereum. BCH declined below the $450 and $440 support levels to move into a short-term bearish zone. A low was formed at $421 and the price is now consolidating losses. There was a minor move above the $430 level. The price climbed above the 23.6% Fib retracement level of the downward move from the $457 swing high to the $421 low. Bitcoin cash price is still trading below $440 and the 100 simple moving average (4 hours). Immediate resistance on the upside sits near the $438 level. There is also a key bearish trend line forming with resistance at $438 on the 4-hour chart of the BCH\/USD pair. Source: BCH\/USD on TradingView.com The trend line is close to the 50% Fib retracement level of the downward move from the $457 swing high to the $421 low. A clear move above the $440 resistance might start a decent increase. The next major resistance is near $4502, above which the price might accelerate higher toward the $465 level. Any further gains could lead the price toward the $480 resistance zone. Fresh Drop in BCH? If Bitcoin Cash price fails to clear the $438 resistance, it could start a fresh decline. Initial support on the downside is near the $425 level. The next major support is near the $420 level, where the bulls are likely to appear. If the price fails to stay above the $420 support, the price could test the $400 support. Any further losses could lead the price toward the $384 zone in the near term. Technical indicators 4-hour MACD \u2013 The MACD for BCH\/USD is losing pace in the bearish zone. 4-hour RSI (Relative Strength Index) \u2013 The RSI is currently in near the 50 level. Key Support Levels \u2013 $425 and $420. Key Resistance Levels \u2013 $440 and $450.<\/p>\n","protected":false},"author":67,"featured_media":405676,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3],"tags":[16131,88621,10736],"class_list":["post-607684","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-bch-usd","tag-bch-usdt","tag-bitcoin-cash"],"acf":[],"yoast_head":"\nBitcoin Cash Price At Make-Or-Break Moment, Key Levels To Watch<\/title>\n<meta name=\"description\" content=\"Bitcoin Cash price extended losses and traded below the $450 support. 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