Bitcoin Cash Price Technical Analysis – BCH/USD To Surge Above $1,300

Key PointsBitcoin cash price is a major uptrend and is currently well above $1,250 against the US Dollar.
There is a key contracting triangle forming with support at $1,240 on the hourly chart of the BCH/USD pair (data feed from Kraken).
The pair will most likely accelerate higher and it could soon break the $1,300 level in the near term.Bitcoin cash price is soaring higher to break $1,300 against the US Dollar. BCH/USD remains in a nasty uptrend with supports at $1,250 and $1,240.
Bitcoin Cash