BCH at $277: Reported 2% Gain Clashes With Prior Close
- —Price of $277.33 versus prior close of $280.48 implies a 1.12% decline
- —Daily volume of $133.15 million is 56.55% below the 30-day average
- —RSI at 45.1 and a bearish MACD fail to confirm an upside reversal
- —BCH trades below its SMA-15, SMA-30 and SMA-200, with supports at $274.10 and $273.40
Why it matters: Conflicting data and thin volume leave the rebound unconfirmed, so traders should wait for price and volume to align before adding exposure.
Source: DiarioBitcoin