Bitcoin Cash price is speculated to keep the upsurge locked for some time. The most-awaiting uptrend is likely to be here. The coin is behaving astoundingly from the last couple of days. The surge is anticipated to benefit the intraday traders too.
The coin would be more stable, and the movement in the BCH price would also improve. Altogether, the investors wouldn’t end up getting disappointed.
BCH Price Prediction
Yesterday, Bitcoin Cash price started dealing at $205. Within the first few hours, the coin climbed to $207 by a marginal hike. The currency slipped to $204 by 1.25%. Then, the price recorded a sharp hike and reached $214 by 4.68%. After the hike, the BCH coin price dropped to $212 by 0.91%. The price jumped again to $214 by 1.33%. The coin dropped to $211 by 1.60%. The closing hour brought an upsurge of 0.63% as the Bitcoin Cash closed the day at $212. The intraday movement reflected a 3.89% progression in the price. Today, the opening hours were quite moderate. BCH price jumped to $214 from $212 by 0.79%. The coin dropped to $211 by 1.18%.
Currently, Bitcoin Cash price is dealing at $212. The chances of moving towards the immediate resistance level at $217 are relatively more than falling and finding immediate support at $206. The coin is likely to violate the immediate resistance level in the coming hours.
As per the Bitcoin Cash forecast by experts, BCH is suggested for long-term traders. The specified period is likely to bring the desired return to the traders.