Bitcoin Cash price prediction: More downside ahead? BCH drops 7.05%

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Bitcoin Cash drops 7.05% today

Highlights

Bitcoin Cash trades at $481.40, sharply below its MA-20 ($537.90), MA-50 ($564.31), and MA-200 ($560.36), underscoring persistent bearish pressure.
Momentum indicators including daily MACD, ADX, and multiple oscillators signal downside with persistent oversold conditions and dominant intraday seller strength.
Expected five-day trading range is $435.00–$485.00, with less than 20% probability of a short-term rally and $504.60 as key resistance.

Bearish indicators intensify as momentum diverges from rare positive signal

BCH remains firmly beneath the MA-20 ($537.90), MA-50 ($564.31), and MA-200 ($560.36) across all timeframes. The Ichimoku Kijun at $504.60 is the nearest resistance. Daily momentum remains negative, with MACD and ADX confirming a strong downside bias. RSI and Stochastic RSI both indicate oversold conditions, the Commodity Channel Index signals a persistent negative trend, and Bull/Bear Power shows seller dominance intraday. While the Hull Moving Average on the daily timeframe flashes a rare strong buy, this stands in contrast to the majority of bearish momentum indicators.

Downside risks mount as volatility expected to remain elevated

Looking ahead, BCH is likely to remain volatile within a typical band between $435.00 and $485.00 over the next five trading days. The probability of a price increase in the short term is very low (less than 20%), with decline scenarios more probable. Consolidation around current levels is the base expectation, while a break above $504.60 would signal a reversal attempt. Sustained movement below $435.00 would confirm further downside under persistent selling pressure.

Anton Kharitonov, expert at Traders Union, sees BCH firmly under pressure after breaking down from all key moving averages. He believes the technical picture is dominated by negative momentum indicators, despite an outlier Hull MA buy signal. Consolidation looks likely between $435.00 and $485.00, with low odds for a rebound unless resistance at $504.60 is reclaimed. "As long as BCH trades below the major resistance and momentum stays negative, I remain cautious and do not trust any upside attempts."

Previously it was reported that Bitcoin Cash is trading markedly below its major moving averages, signaling persistent bearish momentum and confirming sellers’ control across multiple timeframes. Technical indicators including a bearish MACD, weak RSI, and oversold oscillators, combined with the price consolidating near weak support at the Ichimoku Kijun, suggest limited prospects for a near-term reversal without a decisive move above resistance.

Source of Data: BCH Price Analysis by TU

The analysis is based on a proprietary model combining technical, on-chain, and expert data. Not investment advice. See methodology

The information is based on forecasts and does not constitute investment advice or a guarantee of future results. Market conditions may change. See our Disclaimer and Editorial Integrity for details.