Ethereum Price Analysis: ETH Could Make Sustained Move Higher

Key HighlightsETH price corrected lower recently and tested the $147-148 support against the US Dollar.
There is a crucial bullish trend line formed with support at $148 on the hourly chart of ETH/USD (data feed via Kraken).
The pair is placed nicely in a bullish zone above $145 and it may continue to rise in the near term.Ethereum price is consolidating recent gains against the US Dollar and bitcoin. ETH/USD may soon break the $160 resistance and continue to move higher.
Ethereum Price Analysis