15-05-2018 06:08 via newsbtc.com

Bitcoin Cash Price Analysis: BCH/USD Consolidating Below $1,500

Key PointsBitcoin cash price failed to break the $1,500 resistance and continues to trade in a range against the US Dollar.
There is a short-term bullish trend line forming with support at $1,400 on the hourly chart of the BCH/USD pair (data feed from Kraken).
The pair is likely to consolidate in a range below $1,500 before making the next move.Bitcoin cash price is currently consolidating below $1,500 against the US Dollar. BCH/USD must stay above the $1,400 and $1,360 support levels to remain
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