Ethereum Price Analysis: ETH/USD Buyers in Control

Key HighlightsETH price climbed above a few important resistance such as $450 and $460 against the US Dollar.
There is a new connecting bullish trend line forming with support at $464 on the hourly chart of ETH/USD (data feed via Kraken).
The pair is following an ascending channel, but it could correct lower towards the $470 level.Ethereum price is back in an uptrend against the US Dollar and Bitcoin. ETH/USD may perhaps correct a few points, but it is likely to accelerate further higher.
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