Bitcoin Cash Price Forecast: BCH/USD bulls making moves to break down critical supply at $275-280

• Bitcoin Cash price is trading in the green, with gains of 5.10% in the second half of the session.
• BCH/USD bulls will need to break down some supply seen at the range of $275-280.
• The next major target to tackle will be the $300, a breakout and closure above is key.

BCH/USD daily chart

The price continues to demonstrate promising signs via the daily chart view, with greater upside still eyed. 

BCH/USD 60-minute chart

A big boost was observed overnight as chunky buying came into play at the psychological $250 price mark. 

Spot rate:                 246.05

Relative change:    +5.10%

High:                        280.38

Low:                         250.16