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Bitcoin Cash ( $BCH ) Price Analysis: Bulls Aim for $250 and Above

June 29 (Cointime) - The cryptocurrency market is showing mixed signals as some coins experience a rise in rates while others remain in the red zone. Bitcoin Cash (BCH) has seen a 4% increase in the last 24 hours and is currently trading near a local resistance level of $246. However, a decrease in volume suggests that bears may take control.

If the candle closes near $246, BCH could move towards the $250 zone and beyond. Traders should pay attention to the resistance level at $259.6, which could lead to a bounce back from the $260 zone until mid-July.

Bitcoin Cash Bitcoin Cash $498.82
-2.52%
Bitcoin Cash
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