Published date: January 15, 2026 20:24
Updated: January 15, 2026 20:33
Bitcoin Cash (BCH) fell below the moving average.
Long-term analysis of BCH price: bearish
The cryptocurrency was rejected twice at the $660 level, with buyers unable to push the price higher, leading to a decline. BCH is currently trading above the 50-day support but below the 21-day SMA barrier. The cryptocurrency has resumed its bullish trend by breaking above the 50-day SMA support. If buyers sustain the price above the 21-day SMA barrier, it will lead to a return to the previous high of $660.
If the 50-day SMA support is broken, BCH could fall further to $536. Meanwhile, buyers are trying to push the price above the moving averages. BCH price is $624.
technical indicators
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Key resistance zones: $600, $650, $700 -
Major support zones: $500, $450, $400
Reading BCH price indicator
The extended candlestick at the $660 level indicates significant selling pressure at the recent peak. Price bars are placed between upward-sloping moving averages. Once the moving average is broken, the altcoin starts trending.
On a 4-hour chart, the price bars are located between the horizontal moving averages. BCH resumes its bullish trend every time it breaks above the moving average.
What’s next for BCH/USD?
BCH is recovering after recently falling above the $580 support level. On the 4-hour chart, the altcoin is above the $580 support level but below the moving averages.
Today, the altcoin resumed its bullish rally and broke above the 21-day SMA level. If the altcoin breaks above the 50-day simple moving average, it will rise. Otherwise, it will be forced to rise into the range above the $580 support.
Disclaimer. This analysis and forecast is the author’s personal opinion. The data provided was collected by the creator and is not sponsored by any company or token developer. This is not a recommendation to buy or sell cryptocurrencies and should not be considered an endorsement by Coinidol.com. Readers should do their research before investing in a fund.
