{"id":411339,"date":"2023-06-23T16:16:51","date_gmt":"2023-06-23T16:16:51","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=411339"},"modified":"2023-06-23T16:27:56","modified_gmt":"2023-06-23T16:27:56","slug":"bitcoin-cash-price-prediction-for-today-june-23-bch-usd-may-trade-bullishly","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/bitcoin-cash-price-prediction-for-today-june-23-bch-usd-may-trade-bullishly","title":{"rendered":"Bitcoin Cash Price Prediction for Today, June 23: BCH\/USD May Trade Bullishly"},"content":{"rendered":"
The Bitcoin Cash price prediction is recovering from the daily opening price at the $135.9 level as the price continues to fluctuate.<\/p>\n
Key Levels:<\/p>\n
Resistance levels: $160, $165, $170<\/p>\n
Support levels: $115, $110, $105<\/p>\n BCH\/USD<\/a> is likely to spike above the upper boundary after touching the daily high at the $150.1 resistance level. At the time of writing, Bitcoin Cash is changing hands at $135.2, since the beginning of the European session. However, with latest the recovery, the digital asset may continue to stay above the 9-day and 21-day moving averages to increase the bullish movement.<\/p>\n The Bitcoin Cash price<\/a> is likely to reclaim the resistance level of $150. However, if the bulls push the coin above the upper boundary of the level, BCH\/USD may touch the resistance levels of $160, $165, and $170 to keep the price on the upside. On the contrary, any strong selling pressure below the 21-day moving average may drag the price toward the lower boundary of the channel if the bears step back into the market.<\/p>\n Moreover, should in case Bitcoin Cash trade below the moving averages, a bearish continuation could bring the price to the supports of $115, $110, and $105. Meanwhile, the technical indicator Relative Strength Index (14) may remain within the overbought region and this could indicate more bullish signals.<\/p>\nBitcoin Cash Price Prediction: Can BCH Break Above $150?<\/h2>\n