- Bitcoin Cash price is trading in the green, up with gains of 2.30% in the second half of the session.
- BCH/USD has maintained decent upside momentum since the range breakout lat last week.
- The price is trading back within a huge zone, $260-280, the bulls must break for greater upside momentum.
BCH/USD daily chart
The bulls have smashed out from a narrowing range-block formation, leaving the door open to further potential upside pressure.
BCH/USD 60-minute chart
Price action is narrowing within somewhat of a bullish pennant structure, subject to a potential breakout north.
Spot rate: 267.48
Relative change: +2.30%
High: 276.32
Low: 258.51
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