Bitcoin Cash Breaks $518 Resistance as BCH Price Surges 1.9% Despite Market Uncertainty
The post Bitcoin Cash Breaks $518 Resistance as BCH Price Surges 1.9% Despite Market Uncertainty appeared on BitcoinEthereumNews.com.
Timothy Morano
Nov 13, 2025 18:19
Bitcoin Cash rallied 1.9% to $518, breaking key resistance levels while broader crypto markets faced headwinds. BCH price currently consolidates at $512 with bullish momentum intact.
Quick Take • BCH trading at $512.00 (up 0.9% in 24h) • Breaking key resistance at $518 signals potential upside continuation • Price holding above 200-period EMA with rising futures open interest • Outperforming Bitcoin which retested $101K support levels Market Events Driving Bitcoin Cash Price Movement Bitcoin Cash demonstrated notable strength yesterday with a 1.9% surge to $518, breaking through key resistance levels that had previously capped upside momentum. This move occurred despite broader market anxiety as Bitcoin retested support near $101,000 after slipping from $103,000 highs. The BCH price action appears driven by technical factors rather than fundamental news, as no significant Bitcoin Cash-specific catalysts emerged in recent trading sessions. The breakout established clear bullish momentum within a $32.78 trading range, representing 6.4% intraday volatility – a sign of healthy price discovery rather than erratic speculation. Trading data from the past week shows Bitcoin Cash gained 9.16% over seven days, indicating strengthening momentum that preceded yesterday’s resistance break. The sustained buying pressure suggests accumulation patterns among traders positioning for potential upside continuation. Bitcoin Cash Technical Analysis: Consolidating Above Key Support Price Action Context BCH price currently trades at $512, holding well above the 200-period moving average at $507.41 – a critical technical foundation. The recent surge past $518 resistance has established a higher local high, breaking the previous consolidation pattern that had constrained price action. Volume analysis from Binance spot market data shows $36.9 million in 24-hour trading activity, indicating solid institutional interest without excessive speculation. The price sits between the 20-day SMA at $520.29 above and the…
Filed under: News - @ November 14, 2025 11:28 am