08-11-2017 05:08 via newsbtc.com

Bitcoin Cash Price Technical Analysis – BCH/USD Breaks Key Resistance

Key Points
Bitcoin cash price is back in the bullish zone and is trading above $600 against the US Dollar.
Yesterday’s highlighted connecting bearish trend line with resistance at $610 was broken on the hourly chart of BCH/USD (data feed from Kraken).
The price might continue to move higher and trade towards the $640 and $650 levels.
Bitcoin cash price is gaining pace above $600 against the US Dollar. BCH/USD broke an important resistance and eyeing further gains.
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