The price of Bitcoin Cash has risen above the moving average lines and is maintaining the sideways trend. The uptrend has stalled again near the $600 mark.
Bitcoin Cash (BCH) price long-term analysis: bullish
On August 13, as Coinidol.com wrote, the uptrend was broken at the high of $632, forcing the altcoin to begin a downward range below the $600 mark. BCH is currently trading in a range of $520 to $600. On a positive note, the uptrend has been halted twice at the $600 mark. A break above the $600 mark would catapult the altcoin above the $640 high.
BCH price indicators analysis
The moving average lines on the daily chart were previously sloping upwards but are now horizontal, indicating a sideways trend. The price bars have come to a standstill above the moving average lines, and the moving average lines on the 4-hour chart are horizontal, indicating the current trend.
Technical Indicators
BCH/USD price daily chart – September 3, 2025
What is the next move for BCH?
BCH remains in a sideways trend between $530 and $610. The barrier at $610 has slowed the upward momentum. The crypto price is oscillating near the resistance level. If buyers break through the $600 barrier, BCH will resume its upward trend.
BCH/USD price 4-hour chart – September 3, 2025
Disclaimer. This analysis and forecast are the personal opinions of the author. The data provided is collected by the author and is not sponsored by any company or token developer. This is not a recommendation to buy or sell cryptocurrency and should not be viewed as an endorsement by CoinIdol.com. Readers should do their research before investing in funds.