Ethereum Price Technical Analysis – ETH/USD to Resume Uptrend?

Key HighlightsETH price recovered well from the $1,009 low and is currently trading above $1,110 against the US Dollar.
Yesterday’s highlighted major bearish trend line with resistance at $1,090 was broken on the hourly chart of ETH/USD (data feed via SimpleFX).
The pair is currently showing a lot of positive signs and it could continue to move above $1,140.Ethereum price is showing a lot of positive signs against the US Dollar and Bitcoin. ETH/USD is trading above $1,110 and it seems to b