Are you thinking about jumping into Bitcoin Cash (BCH) but want a clear, data-backed view before making a move? You’re in the right place. This detailed Bitcoin Cash update breaks down the latest price action, key support and resistance levels, and what indicators like RSI and MACD are telling us. By looking closely at the 5-minute chart of the last 24 hours, we’ll walk through the critical moments that shaped the trend and where BCH could be headed next. Whether you’re planning a quick trade or positioning for the next swing, this analysis gives you a grounded outlook to plan smarter.
BCH Price Action Analysis of 26th April, 2025
The BCH price action on a 5-minute chart on April 25–26, 2025, exhibits an extended uptrend channel that dominated early movements. The rally strengthened past $362 by 08:30 UTC, establishing it as a pivotal intraday support. During this period, RSI readings oscillated between neutral and overbought zones, indicating rising bullish momentum. Concurrently, multiple MACD golden crosses reinforced the uptrend continuation. Price action sharply accelerated around 11:15 UTC with a steep spike toward $385 resistance. Nonetheless, rejection at the ceiling resulted in rapid collapse toward $366 by 13:30 UTC, indicating significant selling pressure out of the resistance area.
Chart 1, Analyzed by Alokkp0608, published on April 26th, 2025.
After the midday retracement, BCH price attempted to reclaim bullish territory. Between 15:00 and 21:00 UTC, BCH staged a series of miniature rallies, where RSI repeatedly crossed into overbought territory, and MACD vacillated between golden and death crosses, revealing indecision. Price managed to stage a secondary attack at the $385 resistance near 21:10 UTC but was once again firmly rejected. This repeated failure suggested diminishing buyer momentum. Sellers gradually gained control, forcing BCH into a defined trading range between $378 and $368, where price action remained relatively stable with lower volatility across the session.
During the early hours of April 26 (00:00 to 08:30 UTC), Bitcoin Cash moved sideways within the defined trading band. RSI readings stabilized around neutral, while MACD movements reflected a weakening bullish sentiment. Despite several bounces near $368, momentum ultimately faded, and a sharp breakdown was observed around 08:45 UTC. This sell-off pushed BCH price decisively below $368 toward the $360 support zone. RSI dipped into oversold territory during this fall, confirming strong selling pressure, while MACD showed successive death crosses. The sudden breakdown shifted the near-term bias to bearish as buyers stepped aside.
BCH Price Prediction: What Lies Ahead For Bitcoin Cash?
On April 26, Bitcoin Cash continues to hover just above the critical $360 support level after the earlier sell-off. This Bitcoin Cash update shows price action remains weak, with limited recovery attempts and momentum indicators like RSI still subdued. MACD remains bearish, showing no clear signs of reversal yet. If $360 fails to hold convincingly, BCH could extend losses toward $355 or even $352. However, a rebound from the current support area could push BCH back toward the $368–$370 zone. Overall, the outlook remains cautiously bearish unless bullish momentum reappears above $370.
Key Levels to Watch for BCH’s Next Move
Bitcoin Cash (BCH) is at a critical point, hovering near the $360 price in support after failing to hold above $385. While there are bearish signs, with the RSI and MACD both somewhat suggesting a further decrease, BCH will face these heavy resistance levels (referring to the price levels at which it will have trouble breaking above).
The $360 support level indicates a potential chance for a small reversal if held; however, if broken down, it may lead BCH further down to the $355 price range. If BCH makes a strong move back above $370, it would help alleviate some of the bearish pressure and shape renewed bullish hopes. BCH price prediction suggests traders should closely observe confirmation signals from the MACD and RSI indicators, as well as overall market trends, to anticipate its next move
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