Bitcoin Cash forecast for today 28 September 2018

Bitcoin Cash right now, at the time of writing the forecast BCH/USD on 28.09.2018, is quoted at 562.

The trend for Bitcoin Cash is upward. BCH/USD quotes are above the Ichimoku Kinko Hyo cloud, which confirms the upward movement of the cryptocurrency. Signal lines of the Ichimoku indicator are also directed upwards. The red fast signal line crossed the blue slow line from the bottom up yesterday, at 490.

Bitcoin Cash Analysis and Forecast BCH/USD

The current maximum price of Bitcoin Cash 580-590 is a strong enough resistance level, so we assume that a rollback is necessary to continue the growth of the cryptocurrency.

The level of support we see is 554. In this area, the red signal line of the Ichimoku indicator passes. If the BCH/USD rate continues to fall, the next support level will be 527.

Thus, the forecast of the Bitcoin Cash exchange rate on September 28 assumes the continuation of the upward movement of the crypto-currency pair. However, we do not rule out a short-term rollback to support levels.