Lokesh Gupta
01-03-2024
#Bitcoin Cash price has exhibited a trend reversal, bouncing back from the demand zone located around $180.
#Bitcoin Cash ($BCH) is consolidating gains above $300 against the US Dollar, mirroring Bitcoin's behavior.
The coin has surpassed the 38.2% zone according to Fibonacci retracement levels.
$BCH/USD could initiate a fresh surge if it manages to clear the $320 resistance level.
With the bullish intraday movement, BCH has experienced its 7th consecutive positive day.
Buyers have gained dominance, aiming for a jump towards $350.
The bullish breakout rally suggests BCH price targeting $390 at the 100% trend-based Fibonacci level.
According to Coingabbar Prediction, Bitcoin Cash prediction 2030 remains at $1000, while Bitcoin Cash prediction 2040 reaches $2000.
KEY LEVELS :
RESISTANCE LEVEL : $330-$370
SUPPORT LEVEL : $270-$230
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Lokesh Gupta is a seasoned financial expert with 23 years of experience in Forex, Comex, NSE, MCX, NCDEX, and cryptocurrency markets. Investors have trusted his technical analysis skills so they may negotiate market swings and make wise investment selections. Lokesh merges his deep understanding of the market with his enthusiasm for teaching in his role as Content & Research Lead, producing informative pieces that give investors a leg up. In both conventional and cryptocurrency markets, he is a reliable adviser because of his strategic direction and ability to examine intricate market movements. Dedicated to study, market analysis, and investor education, Lokesh keeps abreast of the always-changing financial scene. His accurate and well-researched observations provide traders and investors with the tools they need to thrive in ever-changing market conditions.
Lokesh Gupta is a seasoned financial expert with 23 years of experience in Forex, Comex, NSE, MCX, NCDEX, and cryptocurrency markets. Investors have trusted his technical analysis skills so they may negotiate market swings and make wise investment selections. Lokesh merges his deep understanding of the market with his enthusiasm for teaching in his role as Content & Research Lead, producing informative pieces that give investors a leg up. In both conventional and cryptocurrency markets, he is a reliable adviser because of his strategic direction and ability to examine intricate market movements. Dedicated to study, market analysis, and investor education, Lokesh keeps abreast of the always-changing financial scene. His accurate and well-researched observations provide traders and investors with the tools they need to thrive in ever-changing market conditions.
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