Bitcoin cash made a downside move from the $312 level against the US Dollar. BCH/USD failed to break the $315 resistance level. The price corrected downside from $312 level and traded below $290 support level. The pair traded near $280 level and corrected upside. global xchange
The hurly chart shows that BCH is moving towards bears and losing hold. The break below $275 takes the price below the $250 level. Otherwise, the pair might go breaking the $300 level. The hourly MACD for the pair is moving towards bears and RSI is near 30 level. Global exchange
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