Bitcoin Cash Price Analysis: BCH/USD Rebound Faces Major Hurdle

Key PointsBitcoin cash price is slowly recovering towards the key $430 resistance against the US Dollar.
This week’s followed important bearish trend line is intact with resistance at $430 on the hourly chart of the BCH/USD pair (data feed from Kraken).
The pair must break the trend line and $430 to gain momentum in the near term.Bitcoin cash price formed a decent support near $420 and recovered against the US Dollar. BCH/USD is now facing a solid resistance near the $430 level.
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