{"id":5470,"date":"2025-06-20T18:13:14","date_gmt":"2025-06-20T18:13:14","guid":{"rendered":"https:\/\/coinsvalue.net\/blog\/bitcoin-cash-bch-pops-8-higher-can-the-momentum-continue\/"},"modified":"2025-06-20T18:13:14","modified_gmt":"2025-06-20T18:13:14","slug":"bitcoin-cash-bch-pops-8-higher-can-the-momentum-continue","status":"publish","type":"post","link":"https:\/\/coinsvalue.net\/blog\/bitcoin-cash-bch-pops-8-higher-can-the-momentum-continue\/","title":{"rendered":"Bitcoin Cash (BCH) Pops 8% Higher \u2014 Can The Momentum Continue?"},"content":{"rendered":"<p><em>Bitcoin Cash price started a major increase above the $475 resistance. BCH is consolidating and might aim for more gains above the $500 resistance.<\/em><\/p>\n<ul>\n<li>Bitcoin cash price started a fresh increase above the $480 level.<\/li>\n<li>The price is trading above $480 and the 100-hour simple moving average.<\/li>\n<li>There was a break above a key bearish trend line with resistance at $472 on the hourly chart of the BCH\/USD pair (data feed from Kraken).<\/li>\n<li>The pair could start another increase if it clears the $500 resistance zone.<\/li>\n<\/ul>\n<h2>Bitcoin Cash Price Starts Fresh Surge<\/h2>\n<p>After forming a base above the $440 level, Bitcoin Cash price started a fresh increase. BCH outpaced Bitcoin and Ethereum to gain over 8%. There was a clear move above the $470 resistance zone.<\/p>\n<p>The price even surpassed $480 and tested the $495 resistance zone. Besides, there was a break above a key bearish trend line with resistance at $472 on the hourly chart of the BCH\/USD pair. A high was formed near $505 and the price is now consolidating gains above the 23.6% Fib retracement level of the upward move from the $455 swing low to the $502 high.<\/p>\n<p><img decoding=\"async\" data-recalc-dims=\"1\" loading=\"lazy\" class=\"size-full wp-image-774942\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2025\/06\/Bitcoin-Cash.png?resize=1024%2C479\" alt=\"Bitcoin Cash Price\" width=\"1024\" height=\"479\" \/><\/p>\n<p>Bitcoin cash price is now trading above $485 and the 100-hour simple moving average. Immediate resistance on the upside sits near the $500 level. A clear move above the $500 resistance might start a decent increase. The next major resistance is $505, above which the price might accelerate higher toward the $520 level. Any further gains could lead the price toward the $535 resistance zone.<\/p>\n<h2>Are Dips Supported In BCH?<\/h2>\n<p>If Bitcoin Cash price fails to clear the $500 resistance, it could start a fresh decline. Initial support on the downside is near the $490 level. The next major support is near the $480 level or the 50% Fib retracement level of the upward move from the $455 swing low to the $502 high.<\/p>\n<p>If the price fails to stay above the $480 support, the price could test the $470 support. Any further losses could lead the price toward the $450 zone in the near term.<\/p>\n<p>Technical indicators<\/p>\n<p>4-hour MACD \u2013 The MACD for BCH\/USD is losing pace in the bullish zone.<\/p>\n<p>4-hour RSI (Relative Strength Index) \u2013 The RSI is currently above the 60 level.<\/p>\n<p>Key Support Levels \u2013 $490 and $480.<\/p>\n<p>Key Resistance Levels \u2013 $500 and $505.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin Cash price started a major increase above the $475 resistance. BCH is consolidating and might aim for more gains above the $500 resistance. Bitcoin cash price started a fresh increase above the $480 level. The price is trading above $480 and the 100-hour simple moving average. There was a break above a key bearish&hellip;<\/p>\n","protected":false},"author":1,"featured_media":5471,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[363],"tags":[368,369,370,371],"class_list":["post-5470","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bch","tag-bch","tag-bchusd","tag-bchusdt","tag-bitcoin-cash"],"_links":{"self":[{"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/posts\/5470","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/comments?post=5470"}],"version-history":[{"count":0,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/posts\/5470\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/media\/5471"}],"wp:attachment":[{"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/media?parent=5470"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/categories?post=5470"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/tags?post=5470"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}