BCH Price ‌Analysis:‌ Will Bitcoin Cash Token Rally Sustain With Average Volume?

BCH Price ‌Analysis:‌ Will Bitcoin Cash Token Rally Sustain With Average Volume? BCH Bitcoin cash token rally jumps above the significant moving averages of 20, 50, 100 and 200-day lines after a long period. After a sharp recovery from the lower levels, the coin price is trading on a strong bullish note, but the volume over the monthly chart is average. The pair of BCH/BTC is trading at 0.0149 BTC with an intraday gain of +6.65%, and the ratio of BCH/ETH is CMP at 0.2166 ETH with a good intraday gain of -7.97%. tradingview Bitcoin cash token witnessed good buying interest from the lower levels, as the rally extended above the major moving averages. The digital asset is trading on strong bullish momentum while making higher highs and lower lows patterns. Moreover, price action favours the bulls over the past few trading sessions, but the volume activity is near the average line. Currently, the coin is trading above all vital moving averages of 20, 50, 100 and 200-day lines. At the same time, SMA of 20 and 50-day is heading for a positive crossover towards the 100 and 200-day lines. The sustainably above all major DMA’s with positive volume activity will push more buyers in the upcoming trading sessions. Support on the lower side is $580 and $470, whereas resistance on the higher side is $740 and $820.