Bitcoin Cash Bulls Target Break Above $651

[chainsniff]

Bitcoin Cash (BCH) bounced from its 20-day EMA around $560, indicating buyers are stepping in on dips.

If bulls can push the price above $607, a test of the overhead resistance at $651 is likely. A decisive breakout could spark a rally toward $720, while failure to hold above moving averages may trap BCH in a wide consolidation range.

[Abdul Khan]

A clean break above $651 could open the door for further upside.