Ethereum Price Consolidates Gains, Why ETH Could Start Another Increase

Ethereum climbed higher and tested the $1,275 resistance zone against the US Dollar. ETH is consolidating gains and might aim a fresh move above the $1,300 resistance.Ethereum struggled to climb higher above the $1,275 and $1,280 resistance levels.
The price is now trading above $1,230 and the 100 hourly simple moving average.
There is a connecting bullish trend line forming with support near $1,230 on the hourly chart of ETH/USD (data feed via Kraken).
The pair could start a fresh increase if t