Ethereum gained pace and retested the $1,300 resistance zone against the US Dollar. ETH is eyeing more gains towards the $1,330 and $1,350 levels.
- Ethereum remained well bid above the $1,240 level and resumed its increase.
- The price is now trading above $1,250 and the 100 hourly simple moving average.
- There was a break above a major bearish trend line with resistance near $1,280 on the hourly chart of ETH/USD (data feed via Kraken).
- The pair could gain bullish momentum once it settles…
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