Ethereum is showing positive signs above the key $355 support against the US Dollar. ETH price could accelerate higher if it clears the $365 resistance zone.
Ethereum is slowly rising and it is now trading well above the $355 support.
The price is currently testing the $362 resistance and is above the 100 hourly simple moving average.
There is a major bullish trend line forming with support near $355 on the hourly chart of ETH/USD (data feed via Kraken).
The pair is likely to continue lower if it breaks the $365 and $365 resistance levels.
More:
https://www.newsbtc.com/news/ethereum/ethereum-prints-bullish-technical-pattern/