Ethereum jumped and tested the $1,350 resistance against the US Dollar. ETH corrected lower, but the bulls are active near the $1,280 support.
- Ethereum was able to clear the $1,300 and $1,320 resistance levels.
- The price is now trading near $1,290 and the 100 hourly simple moving average.
- There is a key bullish trend line forming with support near $1,285 on the hourly chart of ETH/USD (data feed via Kraken).
- The pair could start a fresh increase unless there is a clear move below the…
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