{"id":527564,"date":"2024-05-29T21:31:16","date_gmt":"2024-05-29T21:31:16","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=527564"},"modified":"2024-05-29T21:31:16","modified_gmt":"2024-05-29T21:31:16","slug":"bitcoin-cash-price-prediction-for-today-may-29-bch-technical-analysis","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/bitcoin-cash-price-prediction-for-today-may-29-bch-technical-analysis","title":{"rendered":"Bitcoin Cash Price Prediction for Today, May 29 \u2013 BCH Technical Analysis"},"content":{"rendered":"
The Bitcoin Cash price prediction shows that BCH is recovering from the daily low of $462.75 level as the price remains within the moving averages.<\/p>\n
On May 29, Bitcoin Cash (BCH) price dropped to a new weekly low of $462, marking a 13% decline over 8 days. Technical indicators reveal that BCH bull traders are now striving to prevent a further decline below $440. Adding to the bearish outlook, on-chain data indicates an unusually high number of investors have exited the Bitcoin Cash network in recent days.<\/p>\n
Key Levels:<\/p>\n
Resistance levels: $700, $755, $805<\/p>\n
Support levels: $255, $205, $155<\/p>\n