PRICE ANALYSIS BCH/USD

BCH/USD trades above the resistance levels of 220/225. The first major resistance is near the level of 230 USD, above which the price can test the level of 240 and much higher in the coming trading sessions.
Otherwise, if the price falls below the support level of 225, the price can test the level of 220 USD and will fall to 217/218, which from my point of view is not considered at this stage.

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