Bitcoin Cash (BCH) climbed further, breaking the $ 1,500 resistance against the US dollar.

*The BCH / USD pair's hourly chart has a bullish trend line with support of $ 1.505.
*The pair is on the rise and may cross the $ 1,600 level near the bridge.
Bitcoin Cash rises above $ 1,500 against the US dollar. The BCH / USD is expected to increase to $ 1,600 and $ 1,650

Bitcoin Cash (BCH) price support

BCH is currently trading at $ 1.544,43. After the $ 1,200 fall against the US dollar, there was even a further increase in Bitcoin Cash. The BCH later risen and succeeded in breaking several key barriers like $ 1,300 to $ 1,400. It even broke the level of $ 1,500, which is a significant upsurge. It is anticipated that BCH buyers are on the alert and that the price may continue to rise to $ 1,600 soon.

BCH's recent highs are at $ 1,565 and buyers are under full control. A first support in the downside is that the last rebounder has a rebound of 23.6% Fib, rising from $ 1,328 to $ 1,565. There is also a significant bullish trend line with $ 1.505 support on the BCH / USD's hourly chart. The trend line support was close to the 38.2% Fib retreat of the last wave and rose to 1.565 dollars from $ 1.328. For this reason, it is likely that $ 1,510 and $ 1,555 levels are likely to be strong supporters if the price falls from the current levels

When we look at the chart, we have a link resistance trendline of $ 1,580. The force on the trend line will open the doors for a near-term $ 1,600 test or break