#Bitcoin Cash has reached new highs since December 2021, attracting significant attention from investors and market observers alike.
After a brief period of neutrality, BCH surged 69% over two days but was then rejected at the $508 resistance level.
Bitcoin Cash price traded in a tight range, reflecting increased volatility and bearish sentiment.
Bulls breached support at $402, leading to a range-bound trading between $402 and $450 for twelve days.
Despite a negative price action, bulls managed to sustain BCH price above the $357 support level, signaling a potential momentum shift.
In the last 24 hours, $BCH surged over 15%, reclaiming the $500 mark.
If BCH successfully surpasses the $580 resistance level, bullish momentum could propel it towards $700 this week.
If bearish dominance continues, $BCH could test $525 support, possibly declining further to the $508-$450 range without strong bullish momentum.
According to Coingabbar Prediction, #Bitcoin Cash prediction 2030 is forecasted to maintain a value of $1500 , while Bitcoin Cash prediction 2040 with a projected increase to $3000
KEY LEVELS :
RESISTANCE LEVEL : $600-$640
SUPPORT LEVEL : $530-$500
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