Ethereum Price Weekly Analysis – ETH/USD Breaks $1400

Key HighlightsETH price extended its gains and was able to move above $1400 against the US Dollar.
There was a break above a major descending channel with resistance at $1230 on the 4-hours chart of ETH/USD (data feed via SimpleFX).
The pair might continue to extend its gains above the $1400 level in the near term.Ethereum price is in a major uptrend against the US Dollar and Bitcoin. ETH/USD broke the $1400 level and it is likely to extend gains going forward.
Ethereum Price Rise
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