Ethereum Price Analysis: ETH/USD Jumps Above Key $200 Resistance

Key HighlightsETH price finally gained momentum and broke the $197 resistance against the US Dollar.
There was a break above a key bearish trend line with resistance at $197 on the hourly chart of ETH/USD (data feed via Kraken).
The pair is now placed nicely above the $197 and $200 resistance levels.Ethereum price gained momentum recently against the US Dollar and bitcoin. ETH/USD is now placed for more gains above the $197, $198 and $200 resistance levels.
Ethereum Price Analysis
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