Ethereum Price Weekly Analysis – ETH/USD Trend Overwhelmingly Bullish

Key Highlights
ETH price climbed higher and it recently traded to a new all-time high at $482.17 against the US Dollar.
There are two important bullish trend lines forming with support at $448 and $350 on the 4-hours chart of ETH/USD (data feed via SimpleFX).
The pair might correct a bit on the downside but remains supported well near $450 and $420.
Ethereum price made heavy gains recently against the US Dollar and Bitcoin. ETH/USD started a short-term correction after trading as high as $482.17