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  • Bitcoin Cash price is trading in the green, with gains of 19.50% in the second half of the session.
  • BCH/USD is trading the highest levels seen in over a week, as the bulls stage a rebound. 
  • The next major resistance barrier for the price is eyed at $250. 

BCH/USD daily chart

The price had been moving within a narrow range for six sessions, with the bulls making a strong breakout now, inviting a decent wave of upside momentum.

 

BCH/USD 60-minute chart

The range breakout can be seen clearly via the 60-minute chart view, the range low was down at $135 up to $190. 

 

Spot rate:                222.19

Relative change:    -2.50%

High:                       235.25  

Low:                        177.73