Published: Dec 21, 2025 at 09:41
Bitcoin Cash (BCH) has resumed its upward trend, breaking above the 21-day SMA and the $600 resistance level.
Bitcoin Cash price long-term analysis: bullish
BCH has climbed to a high of $630. Previously, the altcoin reached $650 before being rejected. The cryptocurrency then fell below the moving average lines and entered a sideways pattern around these lines.
Today, buyers have maintained momentum above the $600 resistance. On the upside, the current bullish trend may face resistance at $650. At the time of writing, BCH is trading at $630.
Technical Indicators
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Key Resistance Zones: $600, $650, $700 -
Key Support Zones: $500, $450, $400
Bitcoin Cash indicator reading
The moving average lines are horizontal but show an upward inclination. The 21-day SMA is above the 50-day SMA, indicating bullish momentum. On the 4-hour chart, the price bars are above the upward-sloping moving average lines. The extended candlestick wicks indicate significant selling pressure at the recent peak.
What is the next direction for BCH/USD?
The BCH price is rising after breaking above the $600 resistance. The upward trend has stalled at the $630 high. The price is currently oscillating above the moving average lines and the $630 level. BCH will continue to rise if it breaks through the current barrier. However, the altcoin has reached an overbought level and may decline.
Disclaimer. This analysis and forecast are the personal opinions of the author. The data provided is collected by the author and is not sponsored by any company or token developer. This is not a recommendation to buy or sell cryptocurrency and should not be viewed as an endorsement by Coinidol.com. Readers should do their research before investing in funds.
Source: https://coinidol.com/bitcoin-cash-surpasses-600/
