BOSS Wallet data source, Bitcoin Cash bitcoin-cash latest price news, BCH Bitcoin Cash real-time price rose 3.17% to $452.3, transaction volume $583 million
According to the analysis of the K-line chart, it is now in an upward trend. It fell sharply compared to 10:00, rebounded compared to 04:00, and fell compared to 05:00. When the price and trading volume rise synchronously, it usually means that the market has strong buying support.
Buyers are actively trading at higher price levels, showing optimistic market sentiment and strong bullish sentiment. In this case, prices are likely to continue to rise in the future as market momentum is strong and buying continues to increase.
Investors should pay close attention to the breakthrough of key resistance levels. If the price can continue to break through and stabilize at a higher level, it will indicate the continuation of the upward trend. The increase in trading volume and the simultaneous increase in price and trading volume show strong upward momentum.
Williams indicator shows that it is not overbought or oversold. The trading volume has increased recently, and the trading volume has increased compared with the previous few hours. The price and trading volume have risen at the same time: the trading is active and the upward momentum is strong.
The market buying is strong and the upward trend continues. You can buy in time and set a stop loss.
The above content is for reference only and does not constitute investment advice.