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Bitcoin Cash (BCH) Consolidates After Rally, Support At $415 Crucial For Next Move

Summary by Tron Weekly Journal
Bitcoin Cash (BCH) trades near $431, consolidating after a recent high around $438 amid weakening bullish momentum. Indicators show indecision: RSI is falling from 66.67 to 60.46, and MACD momentum is fading despite a bullish crossover. Support at $415.58 is crucial; a break below risks a drop toward $375.51, while a move above $438 could push BCH toward $455. Bitcoin Cash (BCH) is trading at $431.33, showing a slight dip of 0.25% over the last …
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Tron Weekly Journal broke the news in on Friday, May 23, 2025.
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