Bitcoin Cash (BCH)
Rose 3.15% over the last 24 hours to $ 480.10, climbing sharply from a session that was low near $ 454 after buyers stepped in to reverse early weakness, according to Coindesk Research’s technical analysis model.
While much of the crypto market fought under pressure from global economic tensions and falling Bitcoin prices, BCH broke out on the head late in the session as volume increased and short-term resistance levels gave way.
The move came in the midst of a 21.98% increase in 24-hour trading volume compared to the 30-day average, which confirmed a shift in participation and signaling that traders were placed in strength. Key acquisition activity took place throughout the American morning hours with several volume tips between 08:00 and 12:20 UTC. The last push over $ 468 was driven by aggressive purchase in the last hour of the analysis window.
Despite broader headwind-inclusive, a 3.5% decrease in the total crypto market value and escalating merchant stresses in the US-China-Bchstood for its relative resilience. The coin -recovered levels lost earlier this week and ended near today’s high, with a clear pattern of higher low and continuous accumulation at each breakout. While short -term volatility can continue, BCH enters the next session with visible momentum and fresh support.
Technical analysis highlights
- BCH traded in a 24-hour range between $ 454.16 and $ 469.06, a 3.26% turn.
- The day began with a fall to $ 454 on volume above average (41K), but a rebound formed a base for $ 455- $ 458.
- Volume tips during the course of 08: 00-10: 00 signalized increasing buyer interest and helped lift the price against the $ 468 resistance level.
- The last hour was a breakout from $ 462.75 to $ 468.77 (+1.3%), followed by strong continuation to $ 480.10.
- Remarkable purchase of the purchase page at. 11:27 (1,314 units), 12:15 (718 units) and 12: 20–12: 21 (3,600+ units in total), confirming demand.
- An upset formed with higher heights and higher low down, strengthened by lasting volume in tight.
Disclaimer: Parts of this article were generated with the help of AI tools and reviewed by our editorial team to ensure accuracy and compliance with Our standards. For more information, see Coindesk’s full AI policy.
