Bitcoin Cash Price Analysis: BCH/USD Accelerating Declines Below $400

Key PointsBitcoin cash price extended losses and traded below the $400 level against the US Dollar.
There are two key bearish trend lines in place with resistance at $420 and $450 on the hourly chart of the BCH/USD pair (data feed from Kraken).
The pair remains at a risk of more losses below the $360 level in the near term.Bitcoin cash price traded below the key $400 support against the US Dollar. BCH/USD could correct higher, but sellers are likely to appear near $420 or $450.
Bitcoin Cash Pric