%{{tag.tag}} {{articledata.title}} {{moment(articledata.cdate)}} @{{articledata.company.replace(" ","")}} comment %BitcoinCash (CRYPTO: $BCH ) has gained 6.4% in the last 24 hours and is demonstrating resilience after rising above a key support level. Analysts note that Bitcoin Cash has climbed above critical support at $391.66 U.S. as the global cryptocurrency market faces headwinds from the ongoing U.S.-China trade war. Bitcoin Cash is a %Cryptocurrency that is a "fork" of %Bitcoin (CRYPTO: $BTC ). It launched in 2017 and is viewed as an "altcoin," or spin-off of Bitcoin. The current rise in Bitcoin Cash comes as traditional investment vehicles such as U.S. Treasury yields continue to exhibit volatility and trade erratically. BCH was as high as $416.96 U.S. over the weekend as trading volumes spiked to 28,068 units. Chart analysts say that Bitcoin Cash appears to have momentum, suggesting the potential for continued upside in coming trading days. In overnight trading on June 2, a bullish "flag pattern" formed, with decreasing volume during consolidation suggesting potential continuation of upward momentum. The $413 U.S. to $413.50 U.S. zone represents a key support level that must be defended to maintain upward momentum, say analysts. Bitcoin Cash is currently trading at $401.23 U.S. per digital token, having gained 10% in the last month as the broader cryptocurrency market rallied.