27-11-2017 05:08 via newsbtc.com

Bitcoin Cash Price Technical Analysis – BCH/USD Remains Supported

Key Points
Bitcoin cash price is trading above the $1600 and $1500 support levels against the US Dollar.
There is a major bullish trend line forming with support at $1630 on the hourly chart of BCH/USD (data feed from Kraken).
The price is currently struggling to break the $1750 resistance, but remains well supported on the downside.
Bitcoin cash price is positioned nicely above $1600 against the US Dollar. BCH/USD might soon eye a break above $1750 for further gains.
Bitcoin Cash Price Support
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