BCH Price Prediction: $640 Target in Next 30 Days as Bitcoin Cash Tests Key Resistance
The post BCH Price Prediction: $640 Target in Next 30 Days as Bitcoin Cash Tests Key Resistance appeared on BitcoinEthereumNews.com.
Peter Zhang
Aug 31, 2025 01:19
Bitcoin Cash faces critical $634 resistance with analyst targets pointing to $640-$689. Current technical setup suggests 16% upside potential if key levels hold.
Bitcoin Cash is approaching a crucial technical juncture as the cryptocurrency trades at $552.10, positioning itself for a potential breakout toward analyst price targets. With multiple forecasting models converging on similar upside projections, this BCH price prediction examines the likelihood of reaching $640-$689 levels within the next month. BCH Price Prediction Summary • BCH short-term target (1 week): $580-$600 (+5-9% from current levels) • Bitcoin Cash medium-term forecast (1 month): $640-$689 range (+16-25% potential) • Key level to break for bullish continuation: $634.30 resistance • Critical support if bearish: $524.00, with stronger support at $481.90 Recent Bitcoin Cash Price Predictions from Analysts The latest Bitcoin Cash forecast from leading analysts shows remarkable consensus around the $640-$689 price target range. Blockchain.News and CoinStats both project identical targets of $640-$689, citing technical indicators that suggest a 20% upside potential once Bitcoin Cash breaks above the critical $634.30 resistance level. However, not all predictions align perfectly. PriceForecastBot’s AI model presents a more conservative BCH price target of $579.80, while CoinCodex forecasts $600.94 in the short term. This divergence reflects the inherent uncertainty in cryptocurrency markets, though the overall sentiment remains cautiously optimistic with medium confidence levels across all major forecasting platforms. The market consensus indicates that Bitcoin Cash is testing the $620-$640 range, and sustaining above this level could trigger a momentum-driven rally toward the upper targets. The Fear & Greed Index reading of 71 (Greed) supports the bullish sentiment underlying these predictions. BCH Technical Analysis: Setting Up for Breakout The current Bitcoin Cash technical analysis reveals a cryptocurrency in transition, with mixed signals that require…
Filed under: News - @ August 31, 2025 3:27 am