Ken Chigbo
Independent Analyst
- Bitcoin Cash price in the second half of the session on Monday is holding gains of some 3.90%.
- BCH/USD is enjoying a run north, following a period of consolidation between 14-30th July.
- The bulls are trying to break down supply within the region of $340-360, which could unlock a $400 return.
Spot rate: 349.73
Relative change: +%
High: 356.45
Low: 336.59
BCH/USD 15-minute chart
- A near-term ascending trend line of support guiding the price action to the north.
BCH/USD daily chart
- There is room for greater upside should the bulls clear the $350 price territory.
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