Ethereum Price Technical Analysis – ETH/USD Eyeing Upsides

Key Highlights
ETH price is slowly moving higher and recently broke the $312 resistance against the US Dollar.
There is a major bullish trend line forming with support at $308 on the hourly chart of ETH/USD (data feed via SimpleFX).
The price is about to dip or correct lower, but remains supported above the $305 level.
Ethereum price is slowly gaining pace against the US Dollar and Bitcoin. ETH/USD is now well above $305 and looking to extend gains.
Ethereum Price Trend
There was a decent upside