- Bitcoin Cash price is trading in the red, with losses of 0.90% in the second half of the session.
- BCH/USD is consolidating below a critical barrier at $250.
- Should the bulls break above the noted resistance area, it could quickly restore buyer faith.
BCH/USD daily chart
A critical ascending trend line of support should be noted tracking around $225, which has been in play since 22 March.
BCH/USD 60-minute chart
Price action via the 60-minute chart view remains choppy and very much range-bound. The low down at $235, the high area at $248.
Spot rate: 240.87
Relative change: -0.90%
High: 243.43
Low: 237.48
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