Bitcoin Cash Price Technical Analysis – BCH/USD Remains Range Bound

Key PointsBitcoin cash price is positioned nicely above the $720 support zone against the US Dollar.
There is a short-term contracting triangle forming with support at $760 on the hourly chart of the BCH/USD pair (data feed from Kraken).
The pair may continue to trade in a range before it makes the next move above $790.Bitcoin cash price is trading in a range above $720 against the US Dollar. BCH/USD is most likely to extend gains in the near term above $790-800.
Bitcoin Cash Price Support
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