Ethereum Price Technical Analysis – ETH/USD Eyes $1400

Key HighlightsETH price is moving higher and it recently broke the $1300 level against the US Dollar.
There was a break above a major contracting triangle pattern with resistance at $1260 on the hourly chart of ETH/USD (data feed via SimpleFX).
The pair might continue to move higher, and it could even test the $1400 level in the near term.Ethereum price is surging higher against the US Dollar and Bitcoin. ETH/USD is now above $1300 and is eyeing a break toward the $1400 level.
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