Are Bulls Of Bitcoin Cash Ready For A Run?

Bitcoin Cash has a market cap of $9.2 Billion and is ranked 16th in the CMC. It has a VM ratio of 0.02 with a surge of 2% in the overall volume. BCH is currently trading near the value of $470 with a slight gain in the intraday session.
Bitcoin cash price is currently in a weak consolidating range. It is trading below the 50 and 100 EMA which can act as resistance for the price. BCH upside trend can see a halt near the value of $550. Meanwhile, the support of the asset price can be observed near $400.
The RSI of BCH is currently near 49 with no slope in it. The overall sentiment of the RSI is neutral in nature.