{"id":426643,"date":"2020-06-09T05:58:44","date_gmt":"2020-06-09T05:58:44","guid":{"rendered":"https:\/\/wncen.com\/?p=426643"},"modified":"2020-06-09T04:08:00","modified_gmt":"2020-06-09T04:08:00","slug":"bitcoin-cash-bch-could-rally-again","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/bitcoin-cash\/bitcoin-cash-bch-could-rally-again\/","title":{"rendered":"Bitcoin Cash Near Key Inflection Zone: Here\u2019s Why BCH Could Rally Again"},"content":{"rendered":"
Bitcoin cash price corrected lower from the $270 resistance zone. BCH seems to be preparing for the next crucial break either above $260 or towards the $230 support.<\/em><\/p>\n
\n
Bitcoin cash price is trading in a range above the $250 support zone against the US Dollar.<\/li>\n
The price must break the $260 resistance zone to start a fresh increase in the near term.<\/li>\n
There is a key contracting triangle forming with resistance near $255 on the 4-hours chart of the BCH\/USD pair (data feed from Kraken).<\/li>\n
The pair could either rally sharply above $260 or start a fresh decline below $250.<\/li>\n<\/ul>\n
Bitcoin Cash Price Approaching Next Key Break<\/h2>\n