Analyzing key Bitcoin Cash metrics reveals insights into the factors driving price action. The data shows BCH facing resistance around $260 after support at $250 halted the previous decline. Volatility remains high while trading volume trails larger peers.

BCH Rebounds After Finding Support

Bitcoin Cash currently trades around $253, down 2% in the past 24 hours but still up over 134% in the past year. The recent slide found clear support around $250 marked by the 7 day low of $249.98. This prevented further downward momentum.

BCH now faces resistance at $260 highlighted by the 24 hour high of $259.03. Bulls need to push BCH decisively above this level to resume the uptrend towards a retest of $300 in the near-term. Otherwise, sideways consolidation between $250 and $260 could occur.

Elevated Trading Volume and Volatility

Higher trading volumes often precede price breakouts in either direction. Bitcoin Cash’s 24 hour volume exceeded $287 million, resulting in a volume-to-market cap ratio of 0.0586. This indicates moderately high trading activity recently.

Additionally, Bitcoin Cash’s price fluctuated widely over the past month, evidenced by the 30 day return of 136.4% compared to -2% for 24 hours. This signals elevated volatility and momentum across shorter timeframes.

Bitcoin Cash Trails Rivals’ Volumes

Comparing Bitcoin Cash’s metrics with top rival Bitcoin SV offers perspective. While sharing a similar market cap, Bitcoin SV’s 24 hour volume exceeded $700 million for a 0.46 volume-to-market cap ratio.

Additionally, Bitcoin SV’s 30 day return reached 331% compared to Bitcoin Cash’s 136%. Bitcoin SV also posted a 7 day return of 46% versus BCH’s -5.7%. This data suggests Bitcoin SV currently exhibits stronger fundamentals and trading interest than Bitcoin Cash.

Macro Trends Signify Potential Uptrend

Zooming out, Bitcoin Cash already rebounded significantly from its 2018 low of $76.93, rallying over 228% as crypto regained its footing. If the crypto bull market persists, BCH could target its 2017 high around $3,800.

However, Bitcoin Cash trails Bitcoin in performance over this period. And its network metrics also lag behind other major coins. But sustained volume could thrust BCH higher if overhead resistance gives way.

Conclusion: Critical Levels for BCH

The data shows Bitcoin Cash regaining composure around $250 support but now facing immediate resistance near $260. Volume trails competitors but remains healthy. A breakout seems contingent on convincingly clearing $260 along with positive broader crypto sentiment.

Will Bitcoin Cash revisit its all-time high?

Given a 228% gain already from its 2018 lows, Bitcoin Cash regaining its 2017 peak around $3,800 in the near-term seems unlikely unless crypto mania returns. While possible long-term if adoption increases, the data does not favor such parabolic gains in the short-term. BCH would likely need significantly higher trading volumes and market dominance before attempting to challenge its prior record high.

Is BCH a top long-term crypto investment?

As a top 20 cryptocurrency, Bitcoin Cash deserves consideration for long-term crypto investors seeking diversified exposure. Its longevity, liquidity, and real-world usage case as a payment coin count as positives. However, BCH lacks the development activity, institutional investment, and network effects of larger rivals like Bitcoin and Ethereum. While a reasonable hedge against missing top performers, the data suggests better crypto investments exist for true long-term holds.