Bitcoin Cash USD Bounces 5.53% Daily—Can BCHUSD Reclaim $590 Resistance?
Bitcoin Cash USD (BCHUSD) gained 5.53% in a single day, pushing the price to $509.40 as of February 25, 2026. This bounce follows oversold conditions that triggered buying interest from traders watching key support levels. The cryptocurrency’s market cap sits at $10.2 billion, with trading volume reaching 10.5 million units—well above the 30-day average. We’ll examine what’s driving this recovery and whether BCHUSD can sustain momentum toward its $590 resistance zone.
Why Is Bitcoin Cash USD Pumping Today?
BCHUSD rallied 5.53% in the last 24 hours, breaking above the $500 psychological level that had acted as a floor. The move came after the cryptocurrency hit a day low of $483.98, triggering stop-loss orders and attracting value buyers. Volume surged to 10.5 million units, which is 60% above the 30-day average, indicating genuine buying pressure rather than thin-market manipulation.
Market participants noted that BCHUSD had fallen 13.7% year-to-date, creating a technical setup where oversold indicators began flashing buy signals. The recovery also coincided with broader cryptocurrency market stabilization, as traders rotated capital into assets trading below their 50-day moving average of $566.59. This positioning suggests the bounce reflects tactical buying rather than fundamental catalysts.
Bitcoin Cash USD Technical Analysis
The technical picture shows mixed signals with a strong trend framework. RSI sits at 37.14, which is below the 30 oversold threshold, indicating selling pressure has eased but momentum remains weak. MACD is negative at -13.35 with a signal line at -11.31, suggesting bearish momentum, though the histogram at -2.03 shows the divergence is narrowing.
ADX reads 33.21, confirming a strong downtrend is in place despite today’s bounce. Bollinger Bands position BCHUSD near the middle band at $534.89, with the lower band at $469.87 providing support and the upper band at $599.90 marking resistance. The Awesome Oscillator at -25.30 remains deeply negative, warning that the bounce may face headwinds if selling resumes. Williams %R at -62.41 reinforces oversold conditions, but recovery potential exists if volume sustains above current levels.
Bitcoin Cash USD Price Forecast
Monthly Forecast: BCHUSD targets $586.63, representing a 15.2% gain from current levels if buying pressure extends through March. This level aligns with the upper Bollinger Band and would test resistance near the 50-day moving average.
Quarterly Forecast: By end of Q1 2026, the forecast points to $571.62, a 12.2% increase that suggests consolidation rather than explosive growth. This price would sit between the middle and upper Bollinger Bands, indicating a balanced market.
Yearly Forecast: The 12-month target is $338.17, representing a 33.6% decline from current prices. This bearish long-term view reflects the strong downtrend and suggests the current bounce is tactical rather than the start of a sustained recovery.
Forecasts may change due to market conditions, regulations, or unexpected events. These projections are based on historical patterns and current technical levels, not investment recommendations.
Market Sentiment: Trading Activity and Liquidations
Trading volume at 10.5 million units exceeds the 30-day average of 6.6 million, showing retail and institutional traders are actively positioning around current levels. The relative volume ratio of 1.56 indicates above-average participation, though not extreme enough to suggest capitulation or euphoria.
Liquidation data shows that short positions were likely squeezed during the bounce from $483.98 to $509.40, as traders holding bearish bets were forced to cover. However, the negative MACD and weak momentum indicators suggest this squeeze may be temporary. Open interest patterns indicate traders remain cautious, with many setting stop-losses near the $469.87 lower Bollinger Band to protect against further downside.
Bitcoin Cash USD Price Prediction: Key Levels to Watch
The $590 resistance zone represents the critical level for confirming a sustained recovery. This price aligns with the upper Bollinger Band and sits 15.8% above current levels. A break above $590 would signal that the downtrend may be losing momentum, though the yearly forecast of $338 suggests this would be a temporary relief rally.
Support levels are equally important. The $469.87 lower Bollinger Band has held as a floor, and a break below this level would likely trigger further selling toward the year low of $249.17. The 200-day moving average at $560.58 sits between current price and the $590 target, making it a secondary resistance point. Traders are watching whether BCHUSD can close above the 50-day moving average of $566.59 to confirm the bounce has legs.
What’s Next for Bitcoin Cash USD?
The path forward depends on whether BCHUSD can sustain volume above the 30-day average and push through the $566.59 moving average. If buying pressure continues, the $590 resistance becomes the next logical target. However, the strong downtrend (ADX at 33.21) and negative MACD suggest any rally faces structural headwinds.
Longer-term, the yearly forecast of $338.17 indicates the cryptocurrency remains in a bear market despite today’s bounce. This means traders should treat rallies as opportunities to reassess positions rather than signals of a trend reversal. The $483.98 day low and $469.87 support level will be critical to monitor if selling resumes.
Final Thoughts
Bitcoin Cash USD bounced 5.53% on February 25, 2026, recovering from oversold conditions that triggered buying interest. The technical setup shows RSI at 37.14 and a strong downtrend (ADX at 33.21), meaning the rally is tactical rather than the start of a sustained recovery. BCHUSD price targets include $586.63 monthly and $571.62 quarterly, but the yearly forecast of $338.17 reflects the bearish longer-term outlook. Key resistance sits at $590, while support holds at $469.87. Traders should monitor volume and the 50-day moving average at $566.59 to determine if this bounce has staying power. The cryptocurrency remains in a downtrend despite today’s gains, making risk management essential for anyone trading BCHUSD at current levels.
FAQs
BCHUSD rallied 5.53% after hitting oversold conditions with RSI at 37. Volume surged 60% above average, triggering value buying near the $483.98 day low. The bounce reflects tactical positioning rather than fundamental catalysts.
Monthly target: $586.63 (15.2% gain). Quarterly: $571.62 (12.2% gain). Yearly: $338.17 (33.6% decline). The long-term forecast reflects the strong downtrend despite today’s bounce.
Yes. RSI at 37.14 is below 30, indicating oversold conditions. Williams %R at -62.41 confirms extreme oversold pressure. However, negative MACD suggests the bounce may face resistance.
Resistance: $590 (upper Bollinger Band) and $566.59 (50-day moving average). Support: $469.87 (lower Bollinger Band) and $249.17 (year low). Volume above 6.6 million is needed to sustain rallies.
This is not investment advice. BCHUSD trades in a strong downtrend (ADX 33.21) despite today’s bounce. Traders should assess their risk tolerance and position sizing based on support levels and personal financial goals.
Disclaimer:
Cryptocurrency markets are highly volatile. This content is for informational purposes only. The Forecast Prediction Model is provided for informational purposes only and should not be considered financial advice. Meyka AI PTY LTD provides market data and sentiment analysis, not financial advice. Always do your own research and consider consulting a licensed financial advisor before making investment decisions.