Bitcoin Cash Price Analysis: BCH/USD Struggling To Surpass 100 SMA

Key PointsBitcoin cash price recovered above $260, but it struggled near 100 hourly SMA against the US Dollar.
This week’s key bearish trend line was beached with resistance at $260 on the hourly chart of the BCH/USD pair (data feed from Kraken).
The pair is currently struggling to gain momentum above the $280 level and the 100 hourly SMA.Bitcoin cash price settled above the $250 level against the US Dollar. However, BCH/USD must break the $280 barrier and the 100 hourly SMA to gain tracti