Bitcoin Cash +9.16% in 7 Days as Momentum Strengthens

On NOV 11 2025, Bitcoin Cash (BCH) dropped by 0.27% within 24 hours to reach $516.4, rising by 9.16% in the last seven days. Over the past month, it has declined by 3.53%, while the one-year performance shows a gain of 18.8%. The price action reflects a dynamic mix of short-term volatility and long-term optimism.

BCH currently trades above the 200-period EMA, signaling a potential breakout phase. Derivatives data reveal a growing Open Interest (OI) in BCH futures contracts, indicating increased risk-on sentiment among traders. The rising OI suggests that market participants are positioning for further gains, with more capital flowing into long positions than shorts.

The bullish momentum is reinforced by key technical indicators. On the 4-hour chart, Bitcoin Cash has formed a local support trendline, with price extending above the $500 psychological level. The next critical level is $527, corresponding to the October 15 high. A decisive close above this threshold could drive price toward the resistance trendline connecting the October 5 and October 28 highs at $557. If this trendline is breached, swing highs at $580 and $613 would represent the next targets.

The bullish bias is further supported by the Moving Average Convergence Divergence (MACD) and the Relative Strength Index (RSI). The MACD and its signal line are trending upward above the zero line, while the RSI stands at 63, indicating sustained buying pressure. On the downside, critical support levels include the 50-day EMA at $505 and the $500 psychological level.