Ethereum Price Analysis: Can ETH/USD Hold Gains Above $275?

Key HighlightsETH price gained traction and traded above the $277 and $280 resistance levels against the US Dollar.
Yesterday’s discussed important bearish trend line was cleared with resistance near $273 on the hourly chart of ETH/USD (data feed via Kraken).
The pair traded as high as $288.58 and it is currently correcting lower towards $278-280.Ethereum price is slowly moving into a positive zone against the US Dollar and bitcoin. ETH/USD must stay above the $275 support to bounce back i