Bitcoin Cash: $310 was not broken, on the way to $320

Despite the fact that Bitcoin Cash is the only coin among the top 10 which quotes are reducing, its price has not gone below the $300 mark. Yesterday’s evening, buyers' activity dispersed the asset to the level of $320, but by Wednesday morning the pair already returned to its previous level of $310.

Such price dynamics allowed Bitcoin Cash to maintain its leadership in terms of capitalization in the top 4 cryptocurrency ranking.
Today consolidation in a narrowing range will continue. The breakout of the consolidation range is planned in the direction of 50% Fibonacci level ($322.61).