Ethereum Price Technical Analysis – ETH/USD Dips and Rips Higher

Key Highlights
ETH price corrected sharply lower after trading to a new high at $864.53 against the US Dollar.
A bullish trend line with current support at $715 acted as a buy zone on the hourly chart of ETH/USD (data feed via SimpleFX).
The pair is currently moving higher and is attempting an upside break above $800.
Ethereum price is placed nicely in the bullish zone against the US Dollar and Bitcoin. ETH/USD may soon break $800-805 once again for more gains.
Ethereum Price Support
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