Bitcoin cash price declined recently, but it found support near $740 against the US Dollar.
There is a new connecting bullish trend line forming with support at $750 on the hourly chart of the BCH/USD pair (data feed from Kraken).
The pair is placed nicely above $740 and the 100 hourly simple moving average, which is a positive sign.
Bitcoin cash price is holding the $740 support nicely against the US Dollar. BCH/USD may continue to move higher and it could even target a fresh high above $800.
Bitcoin Cash Price Trend
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