Ethereum is Primed For a Rally And Only 1 Thing is Holding it Back

Ethereum is still facing a strong resistance near the $142 and $144 levels against the US Dollar. A successful close above $144 could start a strong increase in ETH price in the near term.Ethereum is struggling to gain bullish momentum above the $142 zone against the US Dollar.
The price is currently trading nicely above the $135 support and the 100 hourly simple moving average.
There is a key declining channel forming with resistance near $142 on the hourly chart of ETH/USD (data feed via Krake