BOSS Wallet data source, Bitcoin Cash bitcoin-cash latest price news, BCH Bitcoin Cash real-time price rose 3.50% to $357.8, transaction volume $193 million
According to the K-line chart analysis, it is currently in a volatile trend. It has risen significantly compared to 18:00, rebounded compared to 10:00, and broke through the high point of 17:00. The simultaneous rise in price and trading volume usually points to strong buying support in the market.
Buyers are trading heavily at higher price levels, indicating that market sentiment is optimistic and bullish. Against this backdrop, prices are likely to continue to rise in the future as the market's momentum remains strong and buying continues to pour in.
Investors should focus on the breakthrough of key resistance levels. If the price can continue to break through and consolidate at a higher level, it indicates the continuation of the upward trend. The trading volume increases and the price rises simultaneously. The Williams indicator shows that the current market is overbought.
Trading volume has increased recently, with volume increasing compared to previous hours, and both price and volume rising at the same time: trading is active and upward momentum is strong.
The market has strong upward momentum. Investors are advised to hold positions and wait and see, paying attention to the breakthrough of key resistance levels.
The above content is for reference only and does not constitute investment advice.