BCHUSDT 1D chart shows a clean technical breakout after months of slow grinding structure. Price has officially pushed through the $570–$580 resistance that’s capped upside since December 2023. This move comes on growing volume and renewed interest in BCH across crypto forums and analyst posts, with some calling it a long-overdue move for a top-20 coin.
The prior resistance zone around $430–$470 acted as a major accumulation range — now flipping into solid support. Price is also respecting a long-standing ascending trendline since April, showing consistent higher lows and steady bullish structure.
Stochastic RSI confirms momentum is shifting — pushing out of the mid-zone and suggesting trend continuation. With this breakout confirmed, the next major target sits near $640: the high from late 2024.
If BCH holds this breakout, it may be entering a new expansion phase. Watch for possible retests of $570–580, but structure favors bulls.
The prior resistance zone around $430–$470 acted as a major accumulation range — now flipping into solid support. Price is also respecting a long-standing ascending trendline since April, showing consistent higher lows and steady bullish structure.
Stochastic RSI confirms momentum is shifting — pushing out of the mid-zone and suggesting trend continuation. With this breakout confirmed, the next major target sits near $640: the high from late 2024.
If BCH holds this breakout, it may be entering a new expansion phase. Watch for possible retests of $570–580, but structure favors bulls.
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Join our discord discord.gg/2systG9frc
We provide education & tools.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.