Key Highlights

ETH price is moving higher and is recovering above the $500 level against the US Dollar.
There was a break above a major bearish trend line with resistance at $482 on the hourly chart of ETH/USD (data feed via Kraken).
The pair may dip a few points, but it is likely to remain supported above the $480 level.

Ethereum price climbed higher above key levels against the US Dollar and Bitcoin. ETH/USD is gaining pace and it could move further above $520 in the near term.
Ethereum Price Trend
There was a decent support

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