BCH climbs to $302 on above-average volume, nears overbought territory
- —BCH at $302.08, above the intraday VWAP of $292.41 and all listed moving averages
- —Trading volume of $256 million is 35.56% above the 30-day average
- —RSI at 60.5 shows positive momentum; stochastic at 95.9 flags overbought levels
- —BCH is 46.36% below its year-ago level of $563.21 and 93% below its all-time high
Why it matters: A rally without a confirmed catalyst and overbought readings raise the risk of a pullback toward support near $300.
Source: DiarioBitcoin