The post Bitcoin Cash Gains but Battles the $600 Barrier appeared on BitcoinEthereumNews.com. // Price Reading time: 2 min Published: Jan 24, 2026 at 20:05 BitcoinThe post Bitcoin Cash Gains but Battles the $600 Barrier appeared on BitcoinEthereumNews.com. // Price Reading time: 2 min Published: Jan 24, 2026 at 20:05 Bitcoin

Bitcoin Cash Gains but Battles the $600 Barrier

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// Price

Reading time: 2 min

Published: Jan 24, 2026 at 20:05

Bitcoin Cash (BCH) has rebounded after falling below the moving average lines.


On January 19, the altcoin bounced above the $560 support level and began an upward trend. 


BCH price long-term analysis: bearish


Today, the bullish momentum has stalled at the 50-day SMA, causing a decline. If buyers push the price above the moving average lines, BCH will resume its bullish trend and rally to its previous high of $660. Currently, BCH is falling towards its support level at $560. A break below $560 would allow the altcoin to drop to a low of $542. BCH is currently priced at $596.


Technical Indicators


  • Key Resistance Zones: $600, $650, $700


  • Key Support Zones: $500, $450, $400

BCH price indicators reading


The price bars are correcting upward but remain below the upward-sloping moving average lines. The price has been rejected at the 50-day SMA, forcing BCH to decline further. On the 4-hour chart, the price bars are above the downward-sloping moving average lines. BCH will rise if the price bars stay above the moving average lines.

What is the next direction for BCH/USD?


BCH is rising after breaking above the moving average lines on the 4-hour chart. The cryptocurrency is gaining but faces resistance at the $600 level. If BCH breaks above this initial barrier at the recent high, it will rise to $620. If buyers cannot overcome the $600 resistance, the altcoin will continue to trade in a range above the $570 support and below the $600 high.


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/bch-gains-but-battles/

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