Oct 18, 2018
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Bitcoin Cash Price Analysis: BCH/USD Holding Key Support Near $440

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Key Points

  • Bitcoin cash price traded lower recently and tested the $440 support against the US Dollar.
  • There was a break above a short-term declining channel with resistance at $441 on the hourly chart of the BCH/USD pair (data feed from Kraken).
  • The pair is struggling to gain momentum above the $450 and $455 resistance levels.

Bitcoin cash price is currently holding the $440 support against the US Dollar. BCH/USD needs to clear the $450 level and the 100 hourly SMA to gain traction.

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