Ethereum (ETH) Price Holding Gains: Key Resistances Nearby

ETH price recovered nicely after declining towards the $240 support area against the US Dollar.
The price traded above the $270 level, but it seems to be struggling near $278 and $280.
There is a short term breakout pattern forming with resistance near $270 on the 4-hours chart of ETH/USD (data feed via Kraken).
The pair remains well supported on dips as long as there is no close below the $250 support area.Ethereum price jumped back after correcting sharply versus the US Dollar, similar to bit