Bitcoin Cash (BCH) is back in the spotlight, testing crucial resistance levels. Will it sustain its momentum and break through? Let's dive into the analysis.

Bitcoin Cash (BCH) Bulls Eye Key Resistance Levels: Will It Break Through?

Bitcoin Cash (BCH), a fork of Bitcoin, is capturing attention again. After a surge past $420 on June 21, can it overcome key resistance levels? Let's break it down.

BCH's Recent Surge and Resistance Challenges

Recently, Bitcoin Cash experienced a notable surge, jumping nearly 9% and surpassing the $420 mark. This move propelled BCH ahead of Litecoin in market capitalization, drawing renewed interest from traders. Currently, the $440 to $460 range is being closely watched as a potential breakout zone, contingent on sustained trading volume.

However, BCH has faced resistance around the $433 level earlier in 2025, triggering a price rejection in May. According to a recent article, BCH briefly surged near a key resistance level late in June, gaining nearly 3% during a high-volume spike, but was subsequently rejected twice more, reinforcing the significance of that barrier. This descending trendline formation suggests a bearish short-term outlook.

Technical Analysis and Price Predictions

Analysts suggest that if BCH maintains its momentum, it could remain on traders' watchlists into Q3. Price predictions for 2025 indicate a potential high of $710, with trading expected between $300 and $710, depending on market conditions and investor sentiment. A sustained move above its 20-day EMA could pave the way for a breakout past the multi-year trendline, potentially retesting the $522 level.

Longer-term forecasts remain optimistic, with projections for BCH to trade between $597 and $983 in 2026, and potentially reach $2,675 by 2030, driven by increased adoption and utility. However, these forecasts hinge on BCH's ability to break through long-standing resistance zones.

Factors Driving BCH's Potential

Several factors contribute to the renewed interest in Bitcoin Cash. These include growing merchant adoption, anticipated utility news, and the broader upward trend in the crypto market, with Bitcoin remaining steady around $66,000. Its practical use case, fast transactions, and low fees position BCH as a “spendable” crypto asset, making it attractive for everyday transactions, particularly in emerging economies.

Adding to the positive sentiment, Federal Reserve Chair Jerome Powell's announcement that U.S. banks can now determine their digital asset customer base without prior regulatory pre-approval is a significant step toward integrating crypto into traditional finance.

BlockDAG's Presale Momentum

While BCH and ONDO have captured attention, BlockDAG (BDAG) is also making waves. Its presale has raised $318.5 million, and early buyers have seen substantial returns. With a mobile app and confirmed exchange listings, BlockDAG presents another opportunity in the crypto space.

Final Thoughts

Bitcoin Cash's ability to break through its multi-year downtrend could signal a significant move toward challenging $1,000 and beyond. While risks remain, the underlying fundamentals and growing adoption suggest BCH still has room to grow. Keep an eye on those resistance levels—the crypto world is watching!