Bitcoin Money (BCH)
is trading at $452.13, down 0.54% over the past 24 hours, after failing to breach the $467 resistance stage across more than one tests, basically based on CoinDesk Study’s technical analysis mannequin.
The token temporarily surged come that stage late on June 23, gaining fair about 3% throughout a high-volume spike, but became once subsequently rejected twice more, reinforcing the significance of that barrier. A descending trendline fashioned throughout the corrective pullback, with decrease highs setting up a bearish momentary tone.
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Technical Diagnosis Highlights
- BCH traded in a $19.76 differ (4.4%) from $449.61 to $469.63 over 24 hours.
- At 22:00 on June 23, BCH surged fair about 3% on seventy nine,485 volume objects, setting resistance at $467.
- The $467 stage became once examined and rejected two more cases, confirming solid overhead resistance.
- Toughen fashioned around $450 with necessary volume accumulation between 15:00–16:00.
- A descending trendline of decrease highs emerged following the initial spike, signaling bearish momentum.
- A V-formed micro-pattern fashioned throughout the final hour, with a jump from $449.94 to $451.31.
- Volume spiked throughout the 18:17–18:19 drop and once more on the 18:30–18:32 restoration.
- A momentary toughen zone developed come $450 after repeated a success retests.
Disclaimer: System of this article were generated with the the attend of AI tools and reviewed by our editorial crew to guarantee accuracy and adherence to our standards. For more knowledge, ogle CoinDesk’s plump AI Policy.
