Bitcoin Cash fell by 20% over the past 24 hours but the selling volume was not as great as the buying volume that drove the rally, which is bullish for BCH in the long-term. Tron showed the likelihood of facing stiff resistance at $0.03 and was poised to lose another level of support. Algorand could drop as low as $0.38 due to the bearish pressure, although $0.39 can be expected to stall the bears.

Bitcoin Cash [BCH]

Source: BCH/USDT on TradingView

The OBV noted quite a bullish development…

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