Ethereum (ETH) Price Weekly Forecast: Larger Rally To $340 In Play

ETH price started a strong upward move and broke the key $300 barrier against the US Dollar.
Bitcoin price gained momentum above $10,000 and $11,000 levels and is currently consolidating.
There is a major ascending channel in place with support near $305 on the 4-hours chart of ETH/USD (data feed via Kraken).
The pair is likely to break the $320 resistance and it could even test the $340 resistance area.Ethereum price is rallying above key resistances such as $300 against the US Dollar, similar