$BCH
BCH recently broke out above **$515**, climbing to around **$518** on elevated volume — signaling institutional accumulation. Technical momentum is strong, with support now solidified at **$515**, while resistance looms at **$530–532**. On-chain data points to whale accumulation, boosting conviction behind this breakout.
Fundamentally, BCH’s May 2025 “Velma” upgrade introduced that boosts its smart-contract efficiency (via VM limits + BigInt), fueling optimism around real-world usage. Looking ahead, some analysts are targeting a **$580–620** recovery if BCH can clear resistance, while critical downside risk remains near **$485–500**.
**Risks**: Overhead resistance around $530, as well as macro headwinds, could cap upside unless BCH sustains its breakout and continues to see demand.
