Ethereum Price Analysis: ETH’s Bullish Extension Above $150

Key HighlightsETH price climbed higher sharply and broke the $150 resistance area against the US Dollar.
There is a short term bullish flag pattern formed with support at $150 on the hourly chart of ETH/USD (data feed via Kraken).
The pair is gaining momentum and it may extend gains above the $155 level in the near term.Ethereum price is trading nicely against the US Dollar and bitcoin. ETH/USD is placed nicely above the $144 support and it may continue to move higher.
Ethereum Price Analysis
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