BCH ended the previous session at $116.82; currently trading at $116.44

Slightly weaker but mostly flat: BCH is currently trading at $116.44 as it maintains an active range between $115.6 and $117.56.

Trend-focused traders would be interested to note that despite being in the red so far in the current trading session, Bitcoin Cash peaked above its 21 day Simple Moving Average around $117.12 — typically an early indicator of a new bullish trend beginning to emerge. Analysis based on the asset volatility indicates that Bitcoin Cash's upper Bollinger Band® is at $121.97 which indicates a further downward move may follow. Bitcoin Cash's notable support and resistance levels: BCH could begin to recover as it approaches significant support, now $1.71 away from $114.72. Dipping below could be an indication that further losses are ahead.

Overall, the technical outlook suggests BCH is likely to remain muted for the immediate future, with no clear-cut direction.

In the meantime, negative performances are also seen in other markets, after ending today's session at $6.63, UNICORN Token USD lost $0.197 and is trading around $6.43.

Other assets are showing positive performances as having closed the previous session at $1.24, FTX Token is up 9.54% today to currently trade at around $1.36. Having closed the previous session at $90.12, Litecoin is up 2.61% today to currently trade at around $92.46.

BCH is trading 43.73% lower compared to the $207.16 high it reached over the past year. Bitcoin Cash is currently trading with a market cap of 2.26 billion with an average daily volume of 110.57 million.