Bitcoin Cash Price At Make-Or-Break Moment, Key Levels To Watch

May 13, 2024 08:00 am Cryptocurrency 172

Bitcoin Cash price extended losses and traded below the $450 support. BCH is consolidating and might start a recovery wave if there is a move above $440.

Bitcoin cash price started a fresh decline below the $440 support.

The price is trading below $440 and the 100 simple moving average (4 hours).

There is a key bearish trend line forming with resistance at $438 on the 4-hour chart of the BCH/USD pair (data feed from Kraken).

The pair could start a decent upward move if it clears the $440 resistance zone.

Bitcoin Cash Price Revisits Support

In the past few days, there has been a steady decline in Bitcoin Cash price like Bitcoin and Ethereum. BCH declined below the $450 and $440 support levels to move into a short-term bearish zone.

A low was formed at $421 and the price is ..

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