Bitcoin Cash Price Analysis: BCH/USD Eyeing Gains Above $525

Key PointsBitcoin cash price traded higher recently and moved above the $515 resistance against the US Dollar.
There was a break above a crucial bearish trend line with resistance at $512 on the hourly chart of the BCH/USD pair (data feed from Kraken).
The pair is now placed in a positive zone and it could continue to move higher towards $530 and $540.Bitcoin cash price is slowly moving higher against the US Dollar. BCH/USD is likely to continue higher once buyers gain momentum above the $525 le