Ethereum Price Weekly Analysis – Can ETH/USD Break This Resistance?

Key HighlightsETH price is trading above the $780 support, but with a negative bias against the US Dollar.
There is a major bearish trend line forming with resistance at $850 on the 4-hours chart of ETH/USD (data feed via SimpleFX).
The pair should break the $850 resistance and the 100 simple moving average (4-hour) for more gains.Ethereum price is facing a tough challenge against the US Dollar and Bitcoin. ETH/USD has to gain pace above $850 to continue moving higher.
Ethereum Price Resistance