Bitcoin Cash cryptocurrency trades up $0.863, approximately 0.7% higher this morning

Marginally higher but lacking a clear-cut direction, Bitcoin Cash is trading at $122 after ranging between $120.8 and $122.58 today.

As the day gets underway, chart analysis suggests Bitcoin Cash broke through the $122.02 resistance and climbed above it 4 cents; next resistance level is at $125.39.

Other markets are also showing gains as FTX Token surges 9.54% to trade around $1.36. TRON gained 5.07% and is currently trading at $0.069. Having closed the previous session at $76.69, Litecoin is up 2.43% today to currently trade at around $78.56.

Bitcoin Cash has fallen back around 68.6% over the past 11 months, from a notable high of $385.82. Bitcoin Cash has a market cap of 2.36 billion with an average daily volume of 193.35 million.