Bitcoin Cash Jumps 6.29% to $282.61 on Below-Average Volume
- —BCH climbed 6.29% to $282.61, topping the prior close of $276.94
- —Daily volume near $174.4 million, 43.25% below the 30-day average
- —RSI at 48.7 is neutral while MACD keeps a bearish signal
- —Price sits above SMA-5, SMA-10 and SMA-50 but below SMA-200 at $296.90
Why it matters: A catalyst-free bounce on weak volume does not confirm a trend reversal, leaving BCH exposed to consolidation below $292–297 resistance.
Source: DiarioBitcoin