Ethereum gained pace and broke the $1,320 resistance against the US Dollar. ETH is showing positive signs and might surge above the $1,400 resistance.
- Ethereum started a steady increase above the $1,320 and $1,330 levels.
- The price is now trading above $1,300 and the 100 hourly simple moving average.
- There is a major bullish trend line forming with support near $1,320 on the hourly chart of ETH/USD (data feed via Kraken).
- The pair could rally before bitcoin if…
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