Bitcoin Cash Price Analysis: BCH/USD Turned Sell on Rallies Near $440

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Bitcoin Cash Price Analysis: BCH/USD Turned Sell on Rallies Near $440

Key Points

  • Bitcoin cash price declined further and traded close to the $420 support level against the US Dollar.
  • There is a new bearish trend line in place with resistance near $435 on the hourly chart of the BCH/USD pair (data feed from Kraken).
  • The pair is likely to face a lot of selling interest if it trades towards $440 or $450.

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