- Bullish BCH price prediction ranges from $132.3 to $396.2.
- BCH prices might also reach $500 soon.
- BCH bearish market price prediction for 2022 is $97.6.
This Bitcoin Cash (BCH) Price Prediction 2022 article is based on technical analysis alone. Below, you will see the key measures that we have taken into consideration upon coming up with our BCH price analysis and prediction.
The cryptocurrency market has started to surge again. There are many virtual assets that surged to a new all-time high during the recent 2022 bull run. In contrast, some digital assets had shown a downtrend as well. As a result, many digital asset investors and traders are confused about whether it is time to hold or sell the digital asset for a good price. This is the same case for BCH.
Nevertheless, the crypto market is consolidating lately, and most digital assets are losing their previous profits. Is the scenario the same with the BCH price? We’ll find out shortly in this BCH price analysis 2022 article. But first, let’s have a quick background on what BCH is.
What is Bitcoin Cash (BCH)?
Bitcoin Cash (BCH) has regained its position as one of the top 30 cryptocurrencies in terms of market capitalization. This may have happened because of the mass buying that we saw from crypto traders.
Bitcoin Cash was a fork of Bitcoin as a result of a chain split. However, BCH was formed when a group of Bitcoin developers became dissatisfied with Bitcoin’s overall scalability direction.
Now that we already have an idea about Bitcoin Cash, do you think BCH will be profitable crypto in 2022? Are you already interested to know? Therefore, join me and let us check the charts in this BCH price analysis and price prediction for 2022.
Bitcoin Cash (BCH) Current Market Status
Bitcoin Cash is one of the most prominent crypto assets in the market today. In fact, crypto was able to record a price increase by 1% in the past two weeks. For this reason, BCH has become one of the most talked-about digital assets in the crypto world.
In terms of its market standing, crypto stands itself as one of the most aggressive cryptocurrencies in CoinGecko. As a result, BCH price trades at $105.46 with a 24-hour trading volume of $1,249,767,767. BCH has increased by 1.08% in the past 24 hours..
Now that you already have an idea about what Bitcoin Cash cryptocurrency is, do you think Bitcoin Cash is a good investment this year? If you are ready to know, come let us check together this Bitcoin Cash price prediction and price analysis article.
Bitcoin Cash (BCH) Price Analysis 2022
Currently, BCH holds 32nd place on CoinGecko. But will the recent upgrades, development, and changes in the blockchain help the digital asset price to reach higher? Let’s proceed to the charts in this BCH price prediction article.
Keltner channel is a technical analysis indicator that is used to determine trend directions by measuring the volatility above or below the candlesticks. From the Keltner Channel signals for BCH/USDT, we can deduce that the price of Bitcoin Cash might get bullish in some days since the price is almost breaking out at the first half of the channel from the bottom. However, in the long-term, the price might get bullish since top cryptocurrencies like Bitcoin and Ethereum are already getting bearish from the recent bullish run.
The Relative Strength Index (RSI) measures the relative momentum in the magnitude of recent price changes so as to deduce oversold or overbought assets. The RSI value of the 1Day chart is 34.70. This shows that BCH is showing a weak trend since its RSI lies between 30 and 50. This value can trigger a bullish or bearish run if investors reposition themselves either towards the buyers or sellers.
From the chart above, the 200-MA is above the 100-MA which means that long-term investors would gain. However, since the gap between the two moving averages is wide and both moving averages are above the recently formed candlestick, the price of the coin might increase soon.
Bitcoin Cash (BCH) Price Prediction 2022
As shown below in this BCH price forecast chart, in a smaller time frame, BCH has shown a bullish uptrend. The price of BCH could surge to $132.3 at resistance1 and even move higher to $396.2 at resistance8 level, a bullish signal for 2022.
Conversely, the bears might have their way, and the price of Bitcoin Cash (BCH) would plummet to about $97.6 and then lower to $195 which is the bearish signal for 2022.
Meanwhile, our long-term Bitcoin Cash (BCH) price prediction 2022 is bullish. It has a low possibility of surpassing its current all-time-high (ATH) at about $4355.62 according to CoinMarketCap this year. However, that will only happen if it breaks many previous psychological resistances.
If BCH’s bullish trend continues, BCH will reach $396.2 by the end of 2022. Moreover, in July 2022, BCH is going to show fast growth, up to $132.3. Then this rise will decrease, but no major falls are expected. With upcoming partnerships, and developments reaching $500 is quite optimistic in the price point of view but undoubtedly feasible for the near future. This indicates that BCH has a high possibility of reaching a new ATH soon.
Bitcoin Cash (BCH) Price Prediction 2023
If Bitcoin Cash (BCH) holds the support level around 200-MA, the long-term moving average, buyers will then have ample time and stability to forge the next attack mission on the vital level at $2000, making it not plummet but play consistently.
Bitcoin Cash (BCH) Price Prediction 2024
As per the latest upgrades, developments, BCH price prediction, and new project forecasts of the platform, BCH investors could expect more partnerships and integrations around 2024. Moreover, this might boost the price of BCH in the crypto market, and it will be the best investment as the price can spike and reach around $3,500.
Bitcoin Cash (BCH) Price Prediction 2025
In the next three years, BCH prices could rise up to $5,000. However, reaching this level could not be so difficult for BCH as additional medium, short-term, and long-term price targets could be found to purchase or sell orders. This indicates that BCH has a high possibility of reaching a new ATH soon in the next three years as per the prediction.
Bitcoin Cash (BCH) Price Prediction 2026
With a Relative strength index (RSI) above 60 by the end of 2025, the price of BCH could reach $10,000 by the end of 2026.
Bitcoin Cash (BCH) Price Prediction 2027
As per the latest upgrades, developments, BCH price prediction, and new project forecasts of the platform, BCH investors could expect more partnerships and integrations around 2027. Moreover, this might boost the price of BCH in the crypto market, and it will be the best investment as the price can spike and reach around $15,000.
Bitcoin Cash (BCH) Price Prediction 2028
In the next six years, BCH prices could rise up to $20,000. However, reaching this level could not be so difficult for BCH as additional medium, short-term, and long-term price targets could be found to purchase or sell orders. This indicates that BCH has a high possibility of reaching a new ATH soon in the next six years as per the prediction.
Bitcoin Cash (BCH) Price Prediction 2029
As per the latest upgrades, developments, BCH price prediction, and new project forecasts of the platform, BCH investors could expect more partnerships and integrations around 2029. Moreover, this might boost the price of BCH in the crypto market, and it will be the best investment as the price can spike and reach around $30,000.
Bitcoin Cash (BCH) Price Prediction 2030
In the next eight years, BCH prices could rise up to $50,000. However, reaching this level could not be so difficult for BCH as additional medium, short-term, and long-term price targets could be found to purchase or sell orders. This indicates that BCH has a high possibility of reaching a new ATH soon in the next eight years as per the prediction.
Conclusion
BCH has a great future ahead of it in 2022. With ongoing developments happening within the BCH ecosystem, as well as in the overall crypto market, we may see BCH reach new heights. The bullish price prediction of BCH is $396.2.
Meanwhile, our long-term BCH price prediction for 2022 is bullish. By 2025, it will have a low possibility of surpassing its current all-time high (ATH) at about $4355.62, as per CoinmarketCap. However, that will only happen if it breaks past a number of psychological resistances. Also, if investors have decided that BCH is a good investment in 2022 along with mainstream cryptocurrencies like Bitcoin and Ethereum.
FAQ
Bitcoin Cash (BCH) is a digital asset that is a fork of Bitcoin. Moreover, BCH shares much of Bitcoin’s fundamental workings. BCH has regained its position as one of the top 15 cryptocurrencies in terms of market capitalization.
Like other digital assets in the crypto world, BCH can be traded on many exchanges. All the interested traders can simply go to crypto exchanges such as Binance or Huobi Global.
BCH is a good investment in 2022. However, BCH has a high possibility of surpassing its current ATH at about $500 this year.
Bitcoin Cash is one of the silent cryptocurrencies that enter 2022 along with the bullish market. If this trend continues, crypto might have the chance to experience a bright future ahead.
No, as per the current trend it is very much possible that BCH will not hit $1000 before 2022 ends.
Bitcoin Cash (BCH) price is expected to reach $396.2 by 2022.
Bitcoin Cash (BCH) price is expected to reach $3,500 by 2023.
Bitcoin Cash (BCH) price is expected to reach $5,000 by 2024.
Bitcoin Cash (BCH) price is expected to reach $10,000 by 2026.
Bitcoin Cash (BCH) price is expected to reach $10,000 by 2026.
Bitcoin Cash (BCH) price is expected to reach $15,000 by 2027.
Bitcoin Cash (BCH) price is expected to reach $20,000 by 2028.
Disclaimer: The views and opinions expressed in this article are solely the author’s and do not necessarily reflect the views of CoinQuora. No information in this article should be interpreted as investment advice. CoinQuora encourages all users to do their own research before investing in cryptocurrencies.
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