Ethereum Price Analysis: ETH/USD Approaching Support

Key HighlightsETH price traded higher recently and tested the $545 resistance zone against the US Dollar.
There is a major bullish trend line in place with support at $510 on the hourly chart of ETH/USD (data feed via Kraken).
The pair is currently moving lower and is approaching the $510 support and the 100 hourly simple moving average.Ethereum price is holding gains against the US Dollar and Bitcoin. ETH/USD is currently correcting lower and is approaching a few key supports.
Ethereum Price Su