Ethereum (ETH) Price Smashes Resistance, $175 Could Be Next

ETH price formed a solid support near $155 and recovered nicely against the US Dollar.
The price gained traction above the $162 resistance and the 100 hourly simple moving average.
Yesterday’s highlighted key bearish trend line was breached at $164 on the hourly chart of ETH/USD (data feed via Kraken).
The pair accelerated towards the $168 level and it may continue to rise towards the $175 level.Ethereum price started a fresh upward move versus the US Dollar, with positive moves in bitcoi