Coinidol.com: Bitcoin Cash (BCH) has declined after falling below the moving average lines.
Bitcoin Cash price long-term analysis: bearish
However, the downward momentum has been halted by the 50-day SMA. BCH is likely to remain trapped between the moving average lines. The price indicator suggests that BCH will continue to fall. If the bearish trend breaks below the 50-day SMA support, BCH could drop to the 2.0 Fibonacci extension, or $417.98.
Meanwhile, the cryptocurrency is steadily approaching the 50-day SMA support. BCH is currently at $465.37.
Technical Indicators
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Key Resistance Zones: $600, $650, $700 -
Key Support Zones: $500, $450, $400
Bitcoin Cash indicator reading
On the weekly chart, the price bars are positioned between the 21-day and 50-day SMAs, both of which are sloping upwards, indicating a previous uptrend. On the 4-hour chart, the price bars are below the downward-sloping moving average lines, indicating a downtrend. There are extended candlestick tails around the $440 support, indicating significant buying interest.
BCH/USD daily chart – October 21, 2025
What is the next direction for BCH/USD?
Bitcoin Cash is falling below the moving average lines on the 4-hour chart. On October 17, the cryptocurrency price fell to a low of $442 before rebounding. The altcoin is currently trading above the $460 support but below the $490 high.
Today, BCH is declining towards its current support at $460. The price indicator suggests that selling pressure will resume if the current support level is breached.
BCH/USD 4-hour chart – October 21, 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.