Bitcoin cash course increases over 50 %

Bitcoin-Cash forecast for Sunday, April 20, 2025: The BCH course has increased over 50 % this month. Is it going uphill?
The BCH course has been downhill since the beginning of the year. But this month it has been going uphill for the first time since then.
After a price loss of 61 %, the increase follows
The Bitcoin Cash course has been corrected around 61 % since December. But this month the course was able to recover over 50 %.
Nevertheless, the MacD lines remain in a bearish way in the tart and the histogram of the macds ticks deeper, while the RSI shows itself neutral.
It would be very bullish if the BCH course closes around the 50-monthema at around USD 345 this month.
Will the Bitcoin Cash Course fail now on the 50-week MA?
There is still a gold crossover in the weekly chart, which means that the trend remains bullish in the medium term. In addition, the histogram of the MacD has been ticking bullly since last week.
The MacD lines could soon cross Bullisch. In the meantime, the RSI gives neither bullish nor bear signals. Last week the course was able to rise around 44 % and fight again over the Golden Ratio level at around $ 325.
The Golden Ratio level now serves as support again at around $ 325. This week, the course is fighting the 50-week MA at around $ 369.5.
It is important to break these in order to target the next Fibonacci resistances at around $ 429.8 or $ 541.

In the daily type, there is a bear -in trend confirmation
The histogram of the MacD begins to weaken in the daily type, although the MacD lines are still crossed. In the meantime, the RSI is neutral and the EMAs have shaped a death cross, which briefly confirmed the trend to short to medium term.
In addition, it can be seen that Bitcoin Cash was rejected a few days ago on the 200-dayema resistor at around $ 369. He then corrected the Golden Ratio support at around USD 325, which the course was able to bounce off.
The course could now once again attempt to overcome the 200-dayema at around $ 369.

In contrast, a golden crossover has formed in the 4h chart
The MacD is bearish in the 4h chart. So the MacD lines are over -crossed and the histogram of the MacD is bärisch deeper.
In the meantime, however, the RSI occupies a neutral position and the EMAs have now shaped a golden crossover, which makes the trend confirmed bullish at short notice.

The Bitcoin Cash course seems to be bouncing off the support against Bitcoin
Against BTC the BCH course seems to bounce bullily this month in the support between around 0.0036 BTC and 0.004 BTC. If he continues the upward movement, the next significant fibonacci resistances are waiting at around 0.0059 BTC and around 0.0077 BTC.
Apart from that, the MACD lines are still crossed, the RSI is neutral and the histogram of the MacD begins to tick bullly this month. Should it be done bullishly, this would be over a year for the first time.

Bitcoin Cash (BCH) is among other things on this Crypto exchanges traded:
Here If it goes to the last BC course forecast of March 11, 2025.
See the full Bitcoin-Cash course forecast for 2025 here.
Disclaimer
In accordance with the guidelines of the Trust project, this price analysis article only serves for information purposes and should not be regarded as financial or investment advice. BeinCrypto commits to precise, impartial reporting, but the market conditions can change without prior notice. Always carry out your own research and consult a specialist before making financial decisions. In addition, the past performance does not offer any guarantee for future results.