Bitcoin Cash Rallies 10.9% to $533 as Technical Recovery Outpaces Broader Crypto Market
The post Bitcoin Cash Rallies 10.9% to $533 as Technical Recovery Outpaces Broader Crypto Market appeared on BitcoinEthereumNews.com.
Luisa Crawford
Nov 22, 2025 03:23
Bitcoin Cash surges to $533.50 amid strong technical momentum, showing resilience despite recent market volatility as BCH price breaks above key moving averages.
Quick Take • BCH trading at $533.50 (up 10.9% in 24h) • Technical recovery driving momentum after recent consolidation • Breaking above 50-day moving average at $518.64 • Outperforming Bitcoin’s more modest gains today Market Events Driving Bitcoin Cash Price Movement Trading on technical factors in absence of major catalysts, Bitcoin Cash has demonstrated notable resilience following the broader crypto market selloff earlier this week. While Bitcoin’s drop below $90,000 on November 18 triggered widespread selling pressure across digital assets, BCH price has recovered strongly from its recent lows. The most significant fundamental backdrop remains the tech sector concerns that drove U.S. stock markets lower on November 18, with the S&P 500 and Dow marking their fourth consecutive day of losses at that time. This broader risk-off sentiment initially weighed on cryptocurrency markets, but Bitcoin Cash has shown improved relative strength as institutional risk appetite appears to be stabilizing. BCH’s 3.9% rebound to $503.60 on November 17, which built on the previous week’s technical breakout above $515 resistance, has now evolved into a more substantial 10.9% rally. This price action suggests that Bitcoin Cash technical analysis is revealing improving momentum characteristics despite the challenging macro environment. BCH Technical Analysis: Bullish Breakout Formation Price Action Context Bitcoin Cash is currently trading well above its key moving averages, with the BCH price at $533.50 sitting comfortably above the 20-day SMA at $500.66 and recently clearing the 50-day SMA at $518.64. This positioning represents a significant improvement from the consolidation phase seen in recent weeks. The 24-hour trading volume of $95.7 million on Binance spot market…
Filed under: News - @ November 23, 2025 12:26 am