NEAR Protocol (NEAR) declined 15.2% and Internet Computer (ICP) dropped 13.1%, leading the index lower.
Bitcoin Cash hits 2025 low with a broader price decline in view.
Binance Coin (BNB), down 3.4% from Tuesday, was also an underperformer.
Bitcoin Cash formed a swing low at $348.3 and could bounce beyond $400.
Whale selling pushed BCH below $380, leaving traders focused on the $305 zone.
Bittensor (TAO), down 9.6% over the weekend, joined Bitcoin Cash (BCH) as an underperformer.
A daily session close above $486 would invalidate the bearish Bitcoin Cash bias. This has not yet occurred.
Near Protocol (NEAR), down 1% from Wednesday, was also an underperformer.
Bitcoin Cash witnessed strong momentum, trading volume, and high Open Interest recently as it rallied to $474.
Bitcoin Cash trades at $441.50 with technical indicators suggesting a potential move toward $485 resistance. RSI neutral at 42.93 while MACD shows bearish momentum concerns.
The short-term Fibonacci retracement levels showed there was a possibility of a BCH bounce to $455-$465.
BCH Price Prediction Summary • Short-term target (1 week): $445-$450 • Medium-term forecast (1 month): $420-$470 range • Bullish breakout level: $458 (SMA 20) • Critical support: $426.