🗞️📈 Market Watch: Bitcoin Cash (BCH) Jumps Over 10% in 24H
Bitcoin Cash (BCH) recorded a strong move of around +10% in the last 24 hours, lifting price into the mid-$550 range after a period of consolidation. The move came with increased intraday volatility, suggesting renewed market participation.
$BCH 📊 Technical snapshot:
Momentum indicators remain constructive but not overheated
RSI is above neutral, showing buying interest without extreme conditions
Price is trading near key short-term resistance, where traders are watching follow-through
🔍 Market context:
BCH has recovered significantly from earlier lows, though year-to-date performance remains mixed. Trading volume is close to recent averages, indicating steady participation rather than aggressive speculation.
🧭 Key levels to watch:
Resistance near recent session highs
Support around the low-$530 area, where buyers previously stepped in
Overall, BCH’s recent move highlights renewed attention on large-cap altcoins, with traders monitoring whether momentum can sustain or shift into consolidation.
#CryptoMarket #Altcoins #BCH #BitcoinCash #MarketUpdate