- The price of Bitcoin Cash has begun a new upward trend against the US Dollar, having broken through the $280 support level.
- The price is currently trading above the $350 level as well as the 55-day simple moving average (4-hours).
- On the 4-hours chart of the BCH/USD pair, a key bullish trend line is formed with support near $360. (data feed from Coinbase).
Although the pair may correct lower, bulls may remain active near the $330 support zone.Similar to Bitcoin, the price of Bitcoin cash is rising above $350 against the US dollar. To begin a new climb, BCH/USD must remain above $330.
Bitcoin Cash Price Prediction