In addition, the current performance of the Bitcoin Cash is below the normal expectations as the coin may gain more downtrends in the next negative direction.
If the Bitcoin Cash price fails to push the price above the 9-day and 21-day moving averages, there is a risk of a fresh bearish wave.
As the technical indicator Relative Strength Index reveals the possible downtrend, any bearish crossing below the 40-level could lead to the critical supports at $250, $230, and $210.
When compared with Bitcoin, the daily chart reveals that the sellers continue to show some commitment to the market movement.