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Bitcoin Cash Trades at $278.10 Below Key Moving Averages

Bitcoin Cash Trades at $278.10 Below Key Moving Averages

Photo: TokenPost

Bitcoin Cash (BCH) traded at $278.10 on Binance spot on Oct. 10, down 0.61% over 24 hours, as the token remained below five major moving averages and faced clustered resistance above the market. The session range was $272.10 to $281.50. BCH was below its seven-day simple moving average at $296.21, 20-day SMA at $311.95, 12-day exponential moving average at $296.29, 26-day EMA at $291.60 and 200-day SMA at $302.43. Its 50-day SMA was lower at $273.81. Immediate resistance stood at $282.37, followed by strong resistance at $286.63. The moving averages between $291.60 and $311.95 represented additional overhead levels.

Source: TokenPost

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