{"id":425874,"date":"2020-06-02T05:58:16","date_gmt":"2020-06-02T05:58:16","guid":{"rendered":"https:\/\/wncen.com\/?p=425874"},"modified":"2020-06-02T04:02:47","modified_gmt":"2020-06-02T04:02:47","slug":"bitcoin-cash-bch-surge-to-300-likely","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/bitcoin-cash\/bitcoin-cash-bch-surge-to-300-likely\/","title":{"rendered":"Bitcoin Cash Rallies 8%: Here\u2019s Why A Surge To $300 Is Likely"},"content":{"rendered":"
Bitcoin cash price is up more than 8% and it broke the key $250 resistance. BCH seems to be outpacing BTC and it could even climb towards $275 or $300 in the near term.<\/em><\/p>\n
\n
Bitcoin cash price is gaining bullish momentum and it recently broke the $250 resistance against the US Dollar.<\/li>\n
The price is now trading well above the $255 level and the 100 SMA (4-hours).<\/li>\n
There is a major bullish trend line forming with support near $246 on the 4-hours chart of the BCH\/USD pair (data feed from Kraken).<\/li>\n
The pair is likely to accelerate higher towards the $275 high or even $300.<\/li>\n<\/ul>\n