BCH Holds Above $249, Keeps Momentum After Grayscale ETF Launch
- —BCH +1.68% to $249.53, volume 54.96% above the monthly average
- —Weekly gain of 10.64% amid the launch of the Grayscale ETF on BCH
- —RSI 56.1 and MACD positive, but the 200-day SMA at $318.98 remains resistance
- —Market cap $5.01 billion, down 58.73% over the year
Why it matters: Inflows into the Grayscale ETF may support BCH, but without a break above $318.98 the trend remains bearish.
Source: DiarioBitcoin