Bitcoin Cash Eyes $680 Breakout After Strong Support Hold

• Bitcoin Cash jumped over 6% in 24 hours, trading near $608.
• The chart shows a confirmed double bottom.
• BCH hashrate is at 7.71 EH/s, above its 2017 peak.

Bitcoin Cash is up more than 6% over the past 24 hours, trading around $608 after printing a daily high near $610. The move follows a clean hold above the $580-$600 support zone, where buyers have stepped in repeatedly over the past weeks.

As per analysts, price action on the daily chart showed a completed double bottom near the $300 region earlier this year, followed by a steady series of higher highs and higher lows. 

On lower time frames, BCH continues to print higher lows, showing consistent dip buying rather than short-lived spikes. The RSI is near 58, showing strength without entering overbought territory. 

Moreover, the moving averages on higher time frames are trending upward and acting as support ra…

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