Bitcoin Cash (BCH) Price Jumps 20% — Can It Reach $300?

Bitcoin Cash (BCH) has gained nearly 20% over the past month, showing renewed strength after a difficult year for the token. Despite the recent recovery, BCH remains down around 55% since the beginning of 2026, reflecting the scale of the losses accumulated during earlier market weakness.

With BCH now trading around $261, the token has pulled back considerably from its late-September high above $340. The correction has weakened short-term momentum, but several well-defined support areas remain below the current price. The next move could depend on whether buyers can defend these levels and eventually challenge the resistance zones above.

Bitcoin Cash (BCH) technical analysis

BCHUSD - 1 Day Time Frame

BCH is currently trading around $261, following a substantial correction from the late-September rally that briefly pushed the price above $340. The nearest important support is located around $243–$244. This area formed during the September recovery and represents the first major level to monitor if the current decline continues.

Holding above this support could provide a base for renewed buyer interest and another attempt higher. Conversely, a sustained move below the area could weaken the current structure and increase the possibility of a deeper correction.

The next significant support is located around $216–$218, where buyers previously stepped in before the strong late-September expansion. Below this area, further structural support can be found near $200–$202, followed by the deeper level around $183. On the upside, BCH now faces several layers of resistance after forming a sequence of lower highs since its September peak. The nearest significant barrier is located around $288–$290.

Bitcoin Cash (BCH) price target

The immediate upside focus is on whether BCH can recover and sustainably break above $288–$290. Establishing itself above this area could improve the short-term technical picture and suggest that buyers are beginning to regain momentum. The next major resistance would then be located around $320–$322, which previously marked an important recovery high in early October.

If BCH manages to overcome this level as well, attention could shift toward the larger resistance area around $365–$367, near the late-September high. Given the distance to this level and the current corrective structure, BCH would likely need to rebuild considerable bullish momentum before it becomes a more immediate target.

On the downside, losing $243–$244 could shift attention toward $216–$218, followed by $200–$202 if selling pressure intensifies. For now, $243–$244 represents the key near-term support, while $288–$290 is the first major upside obstacle. A recovery above resistance could bring $320–$322 back into focus, while continued weakness could increase the likelihood of a deeper test of lower support levels.

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