📈 Analysis and Forecast for $BCH on Binance: What's Next? 📉
As of 10:13 EEST, July 9, 2025, the price of $BCH on Binance is $508.1, showing a rise of 2.23% over the last 24 hours. This moderate increase reflects stable interest in Bitcoin Cash, known for its low fees and fast transactions, attracting users. The increase in trading volume highlights community activity.
Technically, $BCH is in an uptrend. On the 4-hour chart, the 50-day SMA crossed the 200-day from below, signaling a bullish momentum. The RSI (14) at 55 remains in the neutral zone, indicating growth potential without being overbought. Key resistance is at $550, a breakout of which could lead to $570. Support is located at $500, with lower support at $480. Holding above $508.1 supports the current momentum.
Forecast: In the coming days, BCH may test the resistance at $550, with a chance of rising to $570 by mid-July 2025 if interest is maintained. By the end of 2025, growth towards $700–$900 is possible if ecosystem development and adoption among merchants continue. The long-term outlook for 2030 is $1200+, assuming mass adoption and network improvements. Risks include correction due to volatility and competition with other assets. Against a backdrop of stable growth, the prospects look promising.
Outlook? A rise of 2.23% and a price of $508.1 are close to resistance at $550. Buying at $500 with a target of $570 and a stop-loss at $480 may be justified. BCH stands out due to its transaction speed and support from Binance, attracting investors. Community activity highlights speculative potential.
💬 Comment below and share your thoughts on the future of $BCH! Are you considering technical levels? Subscribe to not miss important and valuable information! #BCH #Binance #CryptoAnalysis
