TA: Ethereum Eyes Fresh Surge, Why ETH Could Surpass $1,700

Ethereum remained well bid above the $1,465 level against the US Dollar. ETH could start a fresh surge if there is a close above the $1,600 resistance.Ethereum corrected lower but the bulls were active near the $1,465 zone.
The price is now trading above $1,500 and the 100 hourly simple moving average.
There is a crucial bullish trend line forming with support near $1,520 on the hourly chart of ETH/USD (data feed via Kraken).
The pair could start a fresh surge if there is a clear move above the