- Bitcoin Cash price is trading in the red, with losses of 4.50% in the second half of the session.
- BCH/USD bulls are giving back the strong advance of Tuesday, further cooling after such a dominant push higher.
- Critical near-term support eyed at the range of $310-300 price range.
BCH/USD daily chart
The price is running towards its second consecutive session in the red, as the bulls give up momentum.
BCH/USD 15-minute chart
Price action via the near-term view is moving within a bearish flag structure, subject to a breach.
Spot rate: 323.25
Relative change: -4.50%
High: 342.41
Low: 309.56
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