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  • Bitcoin Cash price is trading in the green, with losses of 6.60% in the second half of the session.
  • BCH/USD bulls have the opportunity to run towards the $300 price territory. 
  • Price action has been consolidating over the last three sessions, another breakout eyed. 

 

BCH/USD weekly chart

The price was able to produce a closure in the green last week, with further recovery eyed. Weekly resistance should be noted at the $250 price mark. 

BCH/USD daily chart

Should the bulls break down the above-noted barrier, then a fast move back into $300 could very well be seen. 

 

Spot rate:                 246.05

Relative change:    +6.60%

High:                         246.73

Low:                          231.19