Ethereum Price Technical Analysis – ETH/USD Consolidating Below $730

Key Highlights
ETH price is struggling to gain traction and is consolidating below $730 against the US Dollar.
There is a broad contracting triangle forming with support at $650 on the hourly chart of ETH/USD (data feed via SimpleFX).
The pair might continue to trade in a range above $650 and with resistance at $730.
Ethereum price is moving in a range against the US Dollar and Bitcoin. ETH/USD has to move above $730 to gain traction in the near term.
Ethereum Price Range
There was a decent pric