BCH up 1.15% while holding above MA-200 support at $321.60

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Bitcoin Cash rises 1.15% this week

Highlights

Bitcoin Cash trades below key resistance levels, signaling continued medium-term bearish pressure despite long-term support holding.
Momentum indicators, including MACD, ADX, and oscillators, confirm prevailing seller dominance and a subdued trend outlook.
Price is expected to consolidate between $433 and $493 for the coming week, with downside breakouts favored unless momentum improves.

Bearish bias persists as weekly technicals lose momentum

On the weekly chart, Bitcoin Cash continues to trade below its MA-20 and MA-50, both of which act as dynamic resistance at $551.95 and $507.73, respectively. The MA-200 at $321.60 offers solid long-term support. Momentum indicators are neutral to bearish, with MACD and ADX flat, and oversold readings on the RSI, Stochastic RSI, and Commodity Channel Index confirming continued downward pressure. The Awesome Oscillator is negative, and Bull/Bear Power at –56.59 underscores a seller-dominated market. Weekly volatility sits at 10.32%, with BCH languishing in the lower portion of its recent trading range.

Rangebound outlook prevails as weak momentum caps rebound next week

For the upcoming week, BCH is likely to consolidate sideways between $433 and $493, in line with its typical weekly price range and muted technical signals. The probability of a significant upside break is low, with dynamic resistance near the MA-50 limiting recovery attempts. A decisive move above $493 would be needed to shift the outlook toward bullish, while a slide below $433 could expose further downside toward $420–$430 if weak momentum persists. The base case remains continued consolidation with a bearish tilt.

Anton Kharitonov, expert at Traders Union, notes that Bitcoin Cash spent the past week trading subdued below both the MA-20 and MA-50, with only modest gains of 1.15%. He sees momentum indicators aligning with continued bearish pressure, as flat MACD and ADX readings confirm a lack of recovery. Oversold signals and a negative Bull/Bear Power underscore the dominance of sellers, while volatility stayed contained. Kharitonov believes that, in the coming week, the base case is sideways consolidation between $433 and $493, with a low probability of a meaningful upside break unless BCH decisively reclaims the MA-50. Risks remain skewed to the downside if $433 is breached. "As long as Bitcoin Cash trades beneath its weekly moving averages, I remain cautious and see limited upside potential this week."

Previously it was reported that Bitcoin Cash continues to trade well below its major moving averages, with technical indicators such as RSI and CCI signaling oversold conditions and confirming sustained seller control. The asset faces strong resistance near $505 and is expected to remain range-bound with a bearish bias, while a break below current support could trigger further downside.

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

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