BCH Price Analysis: Bulls Charge Back, Breaking Key Resistance
BCH is showing signs of life after a recent dip. The cryptocurrency is currently trading above $387 and is pushing towards a key resistance level of $400. If BCH manages to break through this level, it could see a significant surge in price.
BCH Price Analysis
BCH has been on a tear recently, after a tough couple of weeks. This week, it’s showing signs of a breakout from a key resistance level. The bulls are back in control, and it looks like BCH is ready to rally.
BCH’s short-term bearish bias is fading off and it may completely come to an end with the latest bullish sentiment surrounding the entire crypto industry.
Here are some key levels to watch:
Key Resistance Levels:
- $400
- $448
- $490
Key Support Levels:
- $344
- $288.4
- $250
The current trend is bullish, but it’s important to remember that the cryptocurrency market is highly volatile. Always do your research before investing in any cryptocurrency.
Keep an eye on BCH! It’s a cryptocurrency that could offer some exciting opportunities in the coming months.
