Bitcoin Cash Price Weekly Analysis: BCH/USD Primed for More Upsides

Key PointsBitcoin cash price declined sharply, but it found support near the $420 level against the US Dollar.
There was a break above a major bearish trend line with resistance at $435 on the 4-hours chart of the BCH/USD pair (data feed from Kraken).
The pair may well continue to move higher once there is a break above the $450 resistance.Bitcoin cash price is placed well above the $420 support against the US Dollar. BCH/USD could accelerate above the $450 and $460 resistances in the near term.