1
Bitcoin Cash price prediction needs to take into account slippage noticed in the previous sessions.
2
BCH crypto is trading below 20-EMA and is trying to sustain above 50, 100 and 200-days daily moving averages.
3
Bitcoin Cash price has surged around 135.52% year to date.
The outlook for Bitcoin Cash price (BCH) indicates a downtrend in its price, with efforts being made to reverse the current situation. Nevertheless, the cryptocurrency requires an influx of buyers to strengthen its position by securing support from the 50-day exponential moving average. Following an attempt to regain ground by reaching $329, the price of BCH has been on a decline, causing investors to anticipate the commencement of its recovery phase.
At this juncture, the focus is on the potential role of the 50-EMA in bolstering BCH’s resurgence, particularly when examining its performance on the daily timeframe chart. It’s worth noting that ongoing development
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