Bitcoin Cash Price Prediction Shows Rebound Above $530

Bitcoin Cash Price Prediction Faces Resistance and Analyst Monitoring

Bitcoin Cash Price Prediction Surges Above $530 as Analysts Track Whale Activity

BCH has bounced back above $530 after a solid rebound between the $443 to $450 support area. Bitcoin Cash price prediction indicates that the cryptocurrency is currently testing the $535 to $550 range of supply, where sellers have already restricted the upward movement. The market participants are keenly watching whether BCH can support above $530 because that will define the short-term power of the bullish trend.

Bitcoin Cash Price Prediction Faces Resistance While Analysts Track Whale Activity

BCH is approaching a key resistance range between $535 and $550. Bitcoin Cash price prediction indicates that failure to break this level could result in a pullback toward $500, while the lower $460 to $450 demand zone continues to act as strong support. Traders are analyzing previous market behavior in this zone to anticipate potential price movements.

Analyst CW8900 noted on Twitter that large BCH holders have accumulated the cryptocurrency for four consecutive weeks. He observed steady spot inflows even during red candles, describing the activity as unrivaled buying performance compared to other major cryptocurrencies. 

Source: X

The active buying range remains between $460 and $580 with consistent rebounds within this band. Bitcoin price prediction highlights that these accumulations may be setting the stage for a potential upward move. These repeated buy-ins suggest that market participants are preparing for a possible breakout. However, short-term resistance at 535 to 550 remains a hurdle, and trend confirmation is still pending.

BCH/USD 4-Hour Chart Shows Momentum

BCH/USD 4-hour chart illustrates a recovery of $443, pointing to a fresh buying demand. The major technical factors are an RSI 14 period of 62 over the 51 signal line, indicating moderate bullish strength with no overbought signals and a bullish MACD crossover with a positive histogram of +1.36, indicating increasing strength.

Source: TradingView

Volume has increased with the presence of bullish candles that indicate actual demand and not a technical rebound. The support levels are $443 to $450 and $490 to $500, and immediate resistance is $535 to $550, and further resistance is around $560. According to the Bitcoin Cash price prediction, it has spent the last two months in consolidation within the range of $450 to $560 with a short-term bullish outlook, medium-term neutral movement, and long-term resurgence of the earlier downtrends. The merging implies that BCH is strategizing a ground upon which it could rise upwards as the buyers slowly take over.

Potential Short-Term Price Scenarios

Short-term includes a bullish continuation if RSI approaches 70 and MACD momentum remains, potentially pushing BCH above $550 toward $560. Alternatively, failure to breach $540 to $550 may trigger a pullback toward $500 to $505. 

A bearish breakdown is possible if the price falls below $490, potentially retesting $450 to $460 support. Overall technical indicators and analyst insights suggest buyers remain strong and the next two to three 4-hour candles near $535 to $550 will likely define BCH’s short-term trend. Traders are advised to monitor breakout confirmation closely before taking new positions.