Bitcoin cash price analysis: Bulls push BCH past $700 barrier

TL;DR Breakdown The market is going in the support of buyers.Bitcoin cash price analysis shows price levels rising up to $718.Strong support is present at $590.93 to be precise. Bitcoin cash price analysis favors buying momentum and shows us a price value of $708.51. The past few hours have been favorable for the bulls for the most part, despite the bulls trying to bounce back. The resistance level has been $708.18, and there is a high possibility of the bulls reigning during the upcoming weeks in the cryptocurrency market. 4 hour Bitcoin cash price analysis shows support at $688.5 The latest Bitcoin cash price analysis is showing the domination of green candlesticks with slight resistance from the red ones. Yet, the latest chart continues to show bullish momentum, with the price resting at $698.51. The average of Bollinger bands is set at $629.6 at the time of writing. The short-term trend line is moving upward, and the SMA 20 curve is also moving upwards, indicating bullish uphold. The moving average indicator is displaying a value of $696.16, which is the highest value achieved in the past hours. BCH/USD 4-hours price chart. Source: TradingView The RSI score is right now 65.81, which is evidently a positive sign for the cryptocurrency, hinting at the expected pressure from the side of buyers. The volatility seems to be increasing as the Bollinger bands are expanding in favor of the bulls. The upper band is at $698.21, whi...