BCH: New highs are on the horizon

KRAKEN:BCHUSD   Bitcoin Cash / U.S. Dollar
The price of Bitcoin Cash was the best among the top 10 coins, as it exceeded the resistance level of $300. The BCH/USD pair even reached the level of $320 and was trading close to the resistance level of $350.

Recently, the asset showed a correction for the decline and dropped sharply below $300. The support of $275- $280 acted as a strong buying zone, which activated buyers.

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