 |
|
 |
|
 |
|
 |
|
 |
|
 |
|
 |
|
 |
|
 |
|
 |
|
 |
|
 |
|
 |
|
 |
|
 |
|
Bitcoin Cash Soars Above $550, Poised for Further Upswing
Bitcoin cash has embarked on a bullish trajectory, surpassing the $500 and $520 resistance levels against the US Dollar. The cryptocurrency is currently trading above the $540 zone and the 55 simple moving average (4 hours).
A significant bullish trend line has emerged, providing support at $525 on the 4-hour chart of the BCH/USD pair. This support line adds weight to the positive price action and suggests the potential for continued gains.
To maintain its upward momentum, Bitcoin cash needs to break above $585 and $600. A decisive move past these resistance levels could propel the price towards $620 and potentially even $650.
On the downside, immediate support is found near $558, representing the 23.6% Fibonacci retracement level of the upward move from $468 to $584. The first major support is situated at $550, coinciding with the 55 simple moving average.
Technical indicators are painting a bullish picture for Bitcoin cash. The 4-hour MACD is gaining momentum in the positive zone, while the 4-hour RSI (Relative Strength Index) is holding above 50.
Should Bitcoin cash fail to maintain its current trajectory and fall below the support level at $550, it could encounter further retracement towards $512 (61.8% Fibonacci retracement level) or even $500. The next potential target for bears lies around $465 in the coming days.
Overall, Bitcoin cash is poised for further upside if it manages to breach $585 and $600. Its robust technical indicators and positive price action suggest that this cryptocurrency has the potential to continue its upward trend in the near term.
免責事項:info@kdj.com
提供される情報は取引に関するアドバイスではありません。 kdj.com は、この記事で提供される情報に基づいて行われた投資に対して一切の責任を負いません。暗号通貨は変動性が高いため、十分な調査を行った上で慎重に投資することを強くお勧めします。
このウェブサイトで使用されているコンテンツが著作権を侵害していると思われる場合は、直ちに当社 (info@kdj.com) までご連絡ください。速やかに削除させていただきます。
