BCH/USD bulls are making a significant range breakout

[bitcoincash]

Bitcoin Cash price is trading in the green, with gains of 19.50% in the second half of the session.
BCH/USD is trading the highest levels seen in over a week, as the bulls stage a rebound.
The next major resistance barrier for the price is eyed at $250.


BCH/USD daily chart
The price had been moving within a narrow range for six sessions, with the bulls making a strong breakout now, inviting a decent wave of upside momentum.

BCH/USD 60-minute chart
The range breakout can be seen clearly via the 60-minute chart view, the range low was down at $135 up to $190.

Spot rate: 222.19

Relative change: -2.50%

High: 235.25

Low: 177.73