Bitcoin Cash Falls to $282.41, Tests Support Near $281
- —BCH at $282.41, down 4.18% from prior close of $294.74
- —Price above SMA-30 at $281.31 but below short-term averages and VWAP
- —Daily volume of $217.04M is 28.79% below the 30-day average
- —RSI at 45.4 and MACD histogram at -5.19 signal weakness
Why it matters: Holding the $281 zone will determine whether BCH's pullback deepens or builds a base ahead of CME futures launch on October 19.
Source: DiarioBitcoin