Ethereum Price Technical Analysis – ETH/USD Could Gain Momentum

Key HighlightsETH price made a nice upside move and traded above the $780 resistance against the US Dollar.
There was a break above a major bearish trend line with resistance at $775 on the hourly chart of ETH/USD (data feed via SimpleFX).
The pair is now placed nicely above the $780 level and the 100 hourly simple moving average.Ethereum price is slowly gaining momentum against the US Dollar and Bitcoin. ETH/USD may soon move above the $840 resistance to gain further momentum.
Ethereum Price Su