Bitcoin Cash Price Prediction for Today, June 28 – BCH Technical Analysis

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Bitcoin Cash Price Prediction for Today, July 16 – BCH Technical Analysis
Bitcoin Cash Price Prediction for Today, July 16 – BCH Technical Analysis

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The Bitcoin Cash price prediction shows that BCH continues to show bullish momentum as it trades within an ascending channel, suggesting further upward potential in the near term.

Bitcoin Cash Prediction Data:

  • Bitcoin Cash price now – $493.70
  • Bitcoin Cash market cap – $9.77 billion
  • Bitcoin Cash circulating supply – 19.89 million
  • Bitcoin Cash total supply – 19.89 million
  • Bitcoin Cash Coinmarketcap ranking – #12

Getting in early on crypto projects is often the key to seeing the biggest returns, and Bitcoin Cash (BCH) is a clear example of that potential. Since hitting its all-time low of just $75.08 on December 15, 2018, BCH has surged by over 555%, showing the powerful upside of timing in the crypto market. While it currently trades between $487.52 and $508.16, it’s still far below its all-time high of $4,355.62 reached in December 2017, hinting at significant room for growth if momentum returns.

BCH/USD Market

Key Levels:

Resistance levels: $550, $570, $590

Support levels: $430, $410, $390

Bitcoin Cash Price Prediction for Today, June 28 – BCH Technical Analysis
BCHUSD – Daily Chart

The Bitcoin Cash (BCH) daily chart shows the asset trading steadily within an ascending channel, with its current position favoring bullish momentum. The price has recently rebounded from the lower boundary of the channel, pushing past the 9-day and 21-day moving averages, now acting as a dynamic support. This positive alignment of the moving averages reinforces the ongoing uptrend, indicating that buyers are regaining strength. Currently hovering around the upper mid-range of the channel, BCH may attempt to test the channel’s upper boundary in the near term.

Bitcoin Cash Price Prediction: Bulls Eye Upper Channel Resistance as Momentum Builds

If the bullish momentum continues, Bitcoin Cash could challenge key resistance levels marked at $550 and potentially extend its gains toward $570 and $590 if buyers sustain the pressure. However, the breakout above the $480–$490 range shows renewed interest, and with volume picking up, the likelihood of breaching higher resistance zones is increasing. Meanwhile, technical indicators also support this outlook, as the price remains firmly above both MAs, suggesting further upward potential. However, bulls must maintain control to avoid short-term rejections near overbought territory.

Will BCH Pump Higher?

On the flip side, if the price faces rejection near the top of the channel, it could trigger a healthy pullback toward the nearest support zone at $430. A breakdown below this level may push BCH to test lower supports at $410 and $390, aligning with the channel’s base trendline. While the broader trend remains bullish, traders should watch for potential consolidation or retest scenarios before a decisive move beyond $550. For now, BCH appears to be heading higher, riding strong within the established ascending channel.

BCH/BTC Bulls Maintain Momentum toward Channel Resistance

The BCH/BTC pair is currently trading within a well-defined ascending channel, showing continued bullish behavior. At the time of writing, the pair is priced at 4571 SAT, reflecting a 1.71% daily gain. Notably, the price sits above both the 9-day (4504 SAT) and 21-day (4254 SAT) moving averages, confirming short- to mid-term bullish momentum. The rising slope of these MAs further supports a continuation toward the upper boundary of the channel. Increased trading volume on recent bullish candles also suggests growing market participation, with the next major resistance anticipated at 5100 SAT — the top of the ascending channel.

Bitcoin Cash Price Prediction for Today, June 28 – BCH Technical Analysis
BCHBTC – Daily Chart

Nevertheless, if the bullish momentum persists, a successful retest of the channel’s upper trendline could result in a breakout toward higher resistance zones. However, failure to maintain the above current levels might trigger a short-term retracement. In that scenario, the immediate support lies around 4100 SAT. A break below this zone could shift sentiment bearish, exposing the lower channel boundary as the next critical level. For now, as long as BCH/BTC stays above the 9-day and 21-day MAs, bulls appear to have the upper hand in pushing the price toward the 5000–5100 SATs range.

Meanwhile, @CryptoPatel, who has over 65,000 followers on X (formerly Twitter), suggested that Bitcoin Cash ($BCH) has the potential to surge 10x from its current level, currently trading near $494. He pointed out that the real opportunity may come if BCH revisits the $220–$230 support zone and successfully holds, as the chart indicates a possible major reversal with long-term targets ranging from $3,000 to $5,000. This setup, he emphasized, is geared toward patient investors rather than short-term traders, raising the question: what’s your #BitcoinCash strategy?

Bitcoin Cash Alternatives

Bitcoin Cash (BCH) is showing strong bullish momentum on the daily chart, trading within an ascending channel and gaining traction above key moving averages, signaling increased buying pressure. Positioned near the channel’s upper range, BCH may soon challenge higher resistance levels if momentum continues, though a minor pullback remains possible. In line with this positive outlook, Best Wallet stands out as a compelling presale opportunity, offering real utility through staking rewards, reduced fees, governance, and early access to new projects. With over $13.6 million raised and support for purchasing major tokens like BCH, the platform combines functionality with growth potential, making it an attractive option for investors.

Best Presale Right Now

With over $13.6 million already raised, investor confidence is growing, and the team’s commitment to the product ensures their incentives are aligned with the token’s success. The simple buying process, support for credit card purchases, and a strong community on Telegram make it easy and secure to get involved. With the market turning more bullish, now is a strategic time to invest before prices rise further in upcoming rounds.

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