Ethereum Price Anticipates Upside Break To Shift Sentiment Towards Bullish

Ethereum price is eyeing an upside break above the $2,900 level. ETH must settle above $2,900 and $2,940 to continue higher in the near term.Ethereum is forming a base above the $2,860 support zone.
The price is trading below $2,950 and the 100-hourly Simple Moving Average.
There is a key bearish trend line forming with resistance at $2,905 on the hourly chart of ETH/USD (data feed via Kraken).
The pair could start a decent increase if there is a close above the $2,940 and $2,950 resistance leve