Ethereum Price Weekly Analysis – ETH/USD to Break Higher

Key Highlights
ETH price after a decline towards $274 against the US Dollar found support and recovered well.
There is a crucial bearish trend line forming with resistance at $305 on the 4-hours chart of ETH/USD (data feed via SimpleFX).
The pair has to break the $305 resistance and settle above the 100 SMA (H4) to challenge $340.
Ethereum price is back in the positive zone against the US Dollar and Bitcoin. However, ETH/USD needs to gain momentum above $305 and $310 for more gains.
Ethereum Pri