Among the top 10 cryptocurrencies, the rate of Bitcoin Cash has increased by more than 8% over the last 24 hours. At the moment, the price is in the positive zone and trading above the support level at $285. In order to move further, one needs to consolidate near the $300 mark.
On the other hand, direct resistance is around the $320 level, above which the price is likely to creep up to the $340 resistance level.