Bitcoin Cash Price Analysis: BCH/USD Consolidating Above $600

Key PointsBitcoin cash price remained in a tight range above the $600 barrier against the US Dollar.
There is a major bearish trend line in place with resistance at $648 on the hourly chart of the BCH/USD pair (data feed from Kraken).
The pair is forming a solid support on the downside near the $605-615 zone.Bitcoin cash price stayed above the $600 support against the US Dollar. BCH/USD must surpass the $645-650 zone for more upsides in the near term.
Bitcoin Cash Price Resistance
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