Key HighlightsETH price is rising and is currently trading above the $920 level against the US Dollar. There is a key bullish trend line forming with support at $890 on the hourly chart of ETH/USD (data feed via SimpleFX). The pair may continue to rise and it could even break the recent high of $936 for more gains. Ethereum price is trading with bullish price action against the US Dollar and Bitcoin. ETH/USD may soon break the $935-940 levels to gain further upside momentum. Ethereum Price SupportThere were bullish moves above $860 during the past few sessions in ETH price against the US Dollar. The price was above the move above the $900 and $910 resistance levels. It traded as high as $936 and is currently consolidating gains. It moved down once and traded below the 23.6% Fib retracement level of the last wave from the $868 low to $936 high. However, the downside move was limited and the pair found support near $890-900. Moreover, the 50% Fib retracement level of the last wave from the $868 low to $936 high acted as a support. There was an upside reaction and the price moved back above the $910 level. On the downside, there is a key bullish trend line forming with support at $890 on the hourly chart of ETH/USD. The pair is trading with a positive bias above the $920 level. Any dips from the current levels remain supported around the $900 and $890 levels. On the upside, the pair may soon move above the $935 level once again. Once it break $935, it could even move above the $950 level. Further above $950, there could more gains toward the $980 level. Hourly MACD – The MACD has slightly reduced the bullish slope, but it is still positive. Hourly RSI – The RSI is once again moving higher after testing the 50 level. Major Support Level – $900Major Resistance Level – $935 Charts courtesy – SimpleFX Ethereum Price Technical Analysis – ETH/USD Eyes More Upsides was last modified: March 31st, 2018 by Aayush Jindal