Ethereum crypto

ETH price after declining towards $280 found support and started an upside move against the US Dollar.
There was a break above a connecting bearish trend line at $292 on the hourly chart of ETH/USD (data feed via SimpleFX).
The pair is slowly moving higher and about to break the $300 resistance in the near term.
Ethereum price is gaining traction against the US Dollar and Bitcoin, but ETH/USD has to trade above $310 to move back in the bullish zone.