Ethereum Price Weekly Analysis – ETH/USD Downsides Remain Supported

Key HighlightsETH price traded higher this past week and moved above the $580 pivot level against the US Dollar.
There is a crucial bullish trend line in place with support at $575 on the 4-hours chart of ETH/USD (data feed via Kraken).
The pair is currently correcting lower, but it remains supported near the $575 level.Ethereum price is back in an uptrend versus the US Dollar and Bitcoin. ETH/USD eyes further gains once the current correction is over in the near term.
Ethereum Price Trend
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