Bitcoin Cash Price Weekly Analysis: BCH/USD Facing Tough Resistance

Key PointsBitcoin cash price started a new upside wave from the $650 support area against the US Dollar.
There are two bearish trend lines formed with resistance at $770 and $810 on the 4-hours chart of the BCH/USD pair (data feed from Kraken).
The pair must break and settle above the $800 resistance zone to gain upside momentum.Bitcoin cash price is slowly recovering above $700 against the US Dollar. BCH/USD has to move past the $800-810 barrier to remain in a bullish zone in the near term.
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