Bitcoin Cash Price Technical Analysis – BCH/USD Surges Past $2700

Key PointsBitcoin cash price finally gained traction and moved above the $2700 level against the US Dollar.
There was a break above two bearish trend lines with resistance at $2440 on the hourly chart of BCH/USD (data feed from Kraken).
The pair is now placed nicely above the $2500 support and the 100 hourly simple moving average.Bitcoin cash price is back in the bullish zone above $2500 against the US Dollar. BCH/USD made a nice upside move and is currently above the $2700 level.
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