Ethereum Price Technical Analysis – ETH/USD Signaling Gains

Key Highlights
ETH price recovered sharply after bitcoin hard fork was called off and moved above $302 against the US Dollar.
There is a major bullish trend line forming with current support at $304.50 on the hourly chart of ETH/USD (data feed via SimpleFX).
The price might continue to move higher as long as it stays above $302 and $300.
Ethereum price recovered sharply against the US Dollar and Bitcoin. ETH/USD gained pace above $300 after bitcoin hard fork was called off.
Ethereum Price Suppor