Bitcoin Cash price is falling after retesting the high of $536. BCH fell to the low of $502 and resumed upward. Incidentally, BCH/USD has been range-bound between $510 and $550 since the March 15 breakdown.
On March 24, Bitcoin Cash crashed to $442.79 low and immediately pulled back. The market has corrected upward after the breakdown. The bears broke the $510 support which has been holding for the past two weeks.
Bitcoin Cash has been confined between $510 and $550 as bulls and bears continue the price tussle since March 15. Today, BCH price is rising above the $510 support after the bears fail to breach the lower price range. The range-bound move would have been terminated if the bears have broken the $510 support.
Ethereum Classic is in a downward correction soon after the breakdown on February 23. Today, ETC is trading at $12.09 at the time of writing. After the breakdown, the altcoin dropped to $9.03 low and made a pullback.
Bitcoin Cash price is stuck below the $550 price level. Today, BCH is retracing after testing the $550 resistance zone. BCH has never traded above $550 high after the February 23 breakdown. The price has been fluctuating between $440 and $550.