BCH today news: Mixed momentum signals with daily MACD bullish but ADX and RSI imply waning strength

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Bitcoin Cash Rises 0.89% to $601.60 Today

Highlights

Bitcoin Cash (BCH) trades at $601.60, staying above MA-20, MA-50, and MA-200, confirming strong short-, medium-, and long-term bullish momentum.
The U.S. SEC plans to fast-track cryptocurrency ETF approvals—including those based on BCH—starting October 2025, focusing regulatory sentiment and institutional interest.
BCH rose $5.30 or 0.89% on the day, yet mixed momentum signals and divergence among oscillators point to likely sideways consolidation above $575.

ETF approval timeline and softened flows reshape institutional positioning

Regulatory sentiment is in focus as the U.S. Securities and Exchange Commission prepares to fast-track cryptocurrency ETF approvals, including those based on Bitcoin Cash, starting in October 2025. Trading volume has softened as market participants react to shifting liquidity and global policy factors. Broader institutional interest in crypto is apparent following strategic moves in Bitcoin, though these shifts have not directly impacted BCH rates on this session.

Divergent oscillator signals as BCH tests resistance with mixed momentum

The nearest dynamic support is the Ichimoku Kijun line at $576.90, while short-term resistance is now near the recent highs around $602. Momentum is mixed: the daily MACD remains in strong buy territory, but the ADX reading of 17.84 signals a lack of clear trend strength. Daily RSI has slipped to 47.59, hinting at waning momentum, while Stoch RSI and CCI are neutral to slightly positive, suggesting the market is neither overbought nor oversold. BBP points to mostly neutral intraday pressure, and Awesome Oscillator does not support the upward move, highlighting the divergence among oscillators. BCH rose $5.30 or 0.89% on the day, opening at $598.70 after a modest gap up from the previous close at $596.30.

High upside odds as weekly indicators skew risk toward consolidation

For the next week, the expected range is $574.70 – $575.30 as projected. With three of four key weekly indicators (MA-50, MACD, and RSI) bullish, the probability of a price increase is very high (more than 80%), making a decline less likely. The baseline scenario is for BCH to consolidate sideways above $575. A bullish scenario would see a breakout above $602, extending gains if momentum revives, while a bearish move below $576 exposes downside toward weekly support.

Anton Kharitonov, expert at Traders Union, believes that while Bitcoin Cash displays some bullish technical alignment above key moving averages, overall momentum and trend conviction remain unconvincing due to mixed oscillator readings and softening trading volumes. He notes that despite regulatory optimism around ETF approvals, the current market action lacks clear commitment from institutional players and is subject to rapid reversals if support fails. Kharitonov maintains a defensive stance, stating: "Base case remains sideways consolidation above $575 — unless BCH breaks above $602 with renewed momentum, upside is not yet confirmed."

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.