03-06-2018 08:08 via newsbtc.com

Ethereum Price Weekly Analysis: ETH/USD Approaching Major Hurdle

Key HighlightsETH price is slowly moving higher and is currently trading above $580 against the US Dollar.
There is a major bullish trend line forming with support at $580 on the 4-hours chart of ETH/USD (data feed via Kraken).
The pair is facing a major hurdle on the upside near the $607 level and the 100 simple moving average (4-hours).Ethereum price is back in a bullish zone versus the US Dollar and Bitcoin. ETH/USD has to gain pace above the $607 and $610 resistance levels to trade further h
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