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Bitcoin Cash Price Prediction: Is This the Start of a Rally

09-Feb-2024 By: Lokesh Gupta
Bitcoin Cash Price Prediction: Is This the Start of a Rally

Bitcoin Cash price Prediction 2025 will be close to $390

  • Bitcoin Cash price exhibits a bullish revival within an ascending triangle on the daily chart.

  • The upcycle sees the reclamation of the 50-day EMA, hinting at a potential rise towards the $260 barrier.

  • Over the last three days, altcoins formed a triple white soldier pattern, leading to a 5.80% jump.

  • Unlike Bitcoin, #Bitcoin Cash price consolidates gains above $240 against the US Dollar.

  • To initiate a fresh increase in the near term, the pair needs to overcome resistance at $250 and $258.

  • $BCH price aims for a breakthrough above the $250 resistance against the US Dollar.

  • The recent recovery from the support trendline signals a potential challenge to the overhead ceiling in the triangle formation.

  • BCH price maintains dominance over the 200-day EMA, sustaining the bullish trend.

  • According to Bitcoin Cash Price Prediction, Bitcoin Cash prediction 2030 remains at $750, while Bitcoin Cash predictions 2040 are in the $2000 range.



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