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  • 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