Ethereum Primed For Lift-Off And Move To $300 On The Cards

Ethereum started a downside correction from well above the $280 level against the US Dollar, similar to bitcoin. ETH price found support near $245 and it is currently forming a fresh bullish trend.ETH price is trading nicely above the $245 and $250 support levels against the US Dollar.
The price is slowly rising and it could continue to rise if it breaks the $270 barrier.
There is a key bullish trend line forming with support near $254 on the 4-hours chart of ETH/USD (data feed via Kraken).
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