Ethereum Price Technical Analysis – ETH/USD Trades Positive

Key Highlights
ETH price is gaining pace and recently moved above the $315 level against the US Dollar.
There was a break above a contracting triangle with resistance at $312.50 on the hourly chart of ETH/USD (data feed via SimpleFX).
The price is likely to continue higher and it might test the $323.00-325.00 resistance zone.
Ethereum price is gaining momentum against the US Dollar and Bitcoin. ETH/USD is currently eyeing upsides toward the $323.00 level in the short term.
Ethereum Price Support