Bitcoin Cash Price Analysis: 500.00 is the next big hurdle

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  • Bitcoin Cash looks to be heading toward the 500.00 level.
  • There is a resistance level just above that zone that could cause the bulls some issues.

BCH/USD Daily Chart

Bitcoin Cash is having another good session on Friday trading 3.51% higher.

Now the BCH/USD pair is headed to an important resistance level at 515.87.

Before that the bulls will also need to take out the psychological 500.00 level.

The RSI indicator feels like its permanently overbought at the moment which can last for some time.

Bitcoin Cash

Additional Level

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