Ethereum Price Analysis: ETH/USD Targets New Highs

Key HighlightsETH price found a strong support around the $525 level and recovered against the US Dollar.
Yesterday’s highlighted important bullish trend line is intact with support at $518 on the hourly chart of ETH/USD (data feed via Kraken).
The pair is likely to continue higher and it may perhaps target a new high above the $545 level.Ethereum price is trading with a positive bias against the US Dollar and Bitcoin. ETH/USD could accelerate gains above the $545 and $548 levels in the ne