Bitcoin Cash cryptocurrency trades up $21.5, approximately 9.54% higher going into tomorrow

Tentatively higher from an earlier low of $224.7, Bitcoin Cash is up to $246.73 today, adding $21.5, or 9.54%, to today's closing price of $225.23.

Bitcoin Cash broke through the $231.81 resistance, climbing $14.92 above it. Bitcoin Cash made an initial breakout above its 3 day Simple Moving Average at $230, a potential indicator of a newly emerging bullish phase. Despite this, BCH's upper Bollinger Band® is at $261.92, this is a slight indication of a slowdown.

Overall, looking at the technical analysis landscape, it seems Bitcoin Cash likely to continue pointing upward in the short term.

Other markets are also showing gains as having closed the previous session at $15.98, Solana is up 10.18% today to currently trade at around $17.61. FTX Token gained 9.54% and is currently trading at $1.36. Ripple is up 2.27% to $0.475.

3 days ago BCH reached a significant high of $230.11 but has consequently lost 2.12% since then. BCH has a market cap of 4.80 billion with an average daily volume of 442.76 million.