Ethereum Price Technical Analysis – ETH/USD Could Break Higher

Key HighlightsETH price gained traction recently and moved above the $560 level against the US Dollar.
There is a new connecting bullish trend line forming with support at $550 on the hourly chart of ETH/USD (data feed via Kraken).
The pair must break the $570 level to gain upside momentum above or towards $600 in the near term.Ethereum price is slowly moving higher against the US Dollar and Bitcoin. ETH/USD must break the $570 hurdle for more gains, with support at $550.
Ethereum Price Upside H