Ethereum Price Analysis: ETH/USD Signaling More Upsides Above $296

Key HighlightsETH price recently traded towards the $303-305 level and later corrected lower against the US Dollar.
There is a major bearish trend line formed with resistance near $295 on the hourly chart of ETH/USD (data feed via Kraken).
The pair remains nicely supported near the $288 level and the 100 hourly simple moving average.Ethereum price is positioned for an upward move against the US Dollar and bitcoin. ETH/USD remains well supported near the $285-288 zone.
Ethereum Price Resistance
D