Bitcoin Cash is currently trading at approximately $415.70, reflecting a slight decline of 0.03% over the past 24 hours. The price has shown some intraday volatility, with a high of $430.66 and a low of $415.65. BCH remains in a tight consolidation range after recent gains.
In this article, we will find out Bitcoin Cash next target and will explore the technical analysis and latest news.
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Bitcoin Cash Next Target
- Current Price: $415.70
- 24h Price Change: -0.03%
- 24h Range: $415.65 – $430.66
- Market Cap: ~$8.1 billion
- 24h Trading Volume: ~$1.2 billion
- Circulating Supply: ~19.5 million BCH
Bullish breakout from Falling Wedge pattern was confirmed with a break above a stiff resistance area: $390 horizontal resistance and 200-day Moving Average (200 SMA). That breakout appears to have been successfully tested.
This signaled a bullish trend reversal, with +20% upside potential to $480. Stop Loss at $370.
Technical Indicators
- Relative Strength Index (RSI): ~60 (Neutral Zone)
- MACD: Bullish crossover observed
- Support Levels: $415.58, $400.00
- Resistance Levels: $438.19, $455.00
- Current Trend: Sideways with slight bullish bias
Latest Bitcoin Cash News
- 📈 Market Momentum
BCH is consolidating after its recent rally. Support at $415.58 is being closely watched. A breakout above $438.19 could lead to a retest of $455.00. - ⚙️ Network Upgrade
On May 15, 2025, the Bitcoin Cash network successfully completed a protocol upgrade, activating virtual machine limits and supporting high-precision arithmetic operations. Node operators are recommended to upgrade to Bitcoin Cash Node v28.0.0. - 📊 Sentiment & Liquidity
Analysts note rising open interest and stable funding rates, indicating a healthy trend. However, with sentiment approaching “extreme greed,”.
👉 Short-Term Outlook: Slightly bullish if $438 is broken
📉 Risk Factor: Moderate, due to market sentiment overheating
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