Bitcoin Cash Price Technical Analysis – BCH/USD Consolidating Below $1720

Key PointsBitcoin cash price is consolidating in a range above the $1500 support against the US Dollar.
There is an ascending channel forming with support at $1600 on the hourly chart of BCH/USD (data feed from Kraken).
The pair has to break the $1720 resistance level to gains upside momentum toward $2000.Bitcoin cash price mostly traded in a range above $1500 against the US Dollar. BCH/USD has to move past $1720-1750 to move further higher in the near term.
Bitcoin Cash Price Support
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