Bitcoin Cash Price Technical Analysis – Can BCH/USD Hold $580-600?

Key Points
Bitcoin cash price is trading in a range, but remains supported above the $580 level against the US Dollar.
There is a connecting bearish trend line forming with resistance at $620 on the hourly chart of BCH/USD (data feed from Kraken).
The price might correct a few times toward $580-560, but it is likely to find support on the downside.
Bitcoin cash price is holding the $580 support against the US Dollar. BCH/USD needs to break the $630-640 levels to gain upside momentum in the near