Bitcoin Cash Price Technical Analysis – BCH/USD Showing Positive Signs

Key PointsBitcoin cash price is moving higher and it broke the $975 resistance against the US Dollar.
There was a break above a crucial bearish trend line with resistance at $975 on the hourly chart of the BCH/USD pair (data feed from Kraken).
The pair is currently trading just above the $1,050 level and the 100 hourly simple moving average.Bitcoin cash price is showing positive signs against the US Dollar. BCH/USD could rise further if it stays above the $1,000 support level.
Bitcoin Cash Price