Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be taken as investment advice Bitcoin Cash has seen strong bullish momentum right from the last week of March, with BCH noting a steady uptrend which resulted in a price surge of over 120 percent. However, in the last 24 hours, some of BCH’s upward movement has been arrested, with the altcoin coming in contact with a strong resistance level. At the time of writing, Bitcoin Cash was trading at $905 with a registered market capitalization of over $17 billion, making it the 11th largest cryptocurrency in the market. BCH had a 24-hour trading volume of $6.5 billion, with its price going up by over 47 percent in the last week alone. Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be taken as investment advice Bitcoin Cash has seen strong bullish momentum right from the last week of March, with BCH noting a steady uptrend which resulted in a price surge of over 120 percent. However, in the last 24 hours, some of BCH’s upward movement has been arrested, with the altcoin coming in contact with a strong resistance level. At the time of writing, Bitcoin Cash was trading at $905 with a registered market capitalization of over $17 billion, making it the 11th largest cryptocurrency in the market. BCH had a 24-hour trading volume of $6.5 billion, with its price going up by over 47 percent in the last week alone. Bitcoin Cash 1-day chart Source: BCH/USD, TradingView Bitcoin Cash’s uptrend finally came across a bit of resistance around the $984-level and if the coin fails to breach this range in the coming 24-hours, then a trend reversal cannot be discounted for BCH over the coming week. In such a scenario, the immediate support at $801 may be its target. There was also another strong support around the $701-price range, however, such a steep drop seemed unlikely given the present market scenario. If the immediate resistance remains untouched, traders can benefit from long positions and take profit around the $800-price level.