BCH Breaks Out of 7-Month Range — Eyes Set on 2024 Highs

BCHUSDT 1D chart shows a clean technical breakout after months of slow grinding structure. Price has officially pushed through the $570–$580 resistance that’s capped upside since December 2023. This move comes on growing volume and renewed interest in BCH across crypto forums and analyst posts, with some calling it a long-overdue move for a top-20 coin.

The prior resistance zone around $430–$470 acted as a major accumulation range — now flipping into solid support. Price is also respecting a long-standing ascending trendline since April, showing consistent higher lows and steady bullish structure.

Stochastic RSI confirms momentum is shifting — pushing out of the mid-zone and suggesting trend continuation. With this breakout confirmed, the next major target sits near $640: the high from late 2024.

If BCH holds this breakout, it may be entering a new expansion phase. Watch for possible retests of $570–580, but structure favors bulls.