Bitcoin Cash Price Technical Analysis – BCH/USD Upside Hurdles

Key PointsBitcoin cash price traded further lower and tested the $2300 support area against the US Dollar.
There is a new connecting bearish trend line forming with resistance at $2450 on the hourly chart of BCH/USD (data feed from Kraken).
The pair needs to break the $2450 resistance and the 100 hourly simple moving average to gain momentum.Bitcoin cash price declined towards $2300 against the US Dollar. BCH/USD is attempting recovery, but is facing hurdles near $2450.
Bitcoin Cash Price Resist