Ethereum (ETH) Price Sighting Significant Bullish Break Above $265

ETH price seems to be trading in a broad range below the $265 resistance against the US Dollar.
The price recently recovered after testing the $230-231 support area.
There is a major contracting triangle forming with resistance at $260 on the 4-hours chart of ETH/USD (data feed via Kraken).
The pair remains well supported on dips and it is likely to break the $265 and $270 resistances.Ethereum price is preparing for the next big move versus the US Dollar, similar to bitcoin. ETH could rally str