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<h2 id="header-0">ETH has been unable to gain pace off the support trendline, resulting in a consolidation period near $1250.</h2>Furthermore, the huge price rejection candles above $1365 indicate that supply is robust above the consolidation level.Ethereum has broken over the key $1,350 barrier level against the dollar. ETH is climbing and may continue to rise towards the $1,500 barrier zone. Above the $1,250 level, Ethereum formed a support base. ETH has remained strong and has started a steady increase above the $1,300 threshold. The price was able to break over the $1,320 resistance level as well as the 100 hourly simple moving average.There was also an increase above the $1,350 barrier. It reached a high of $1,369 and is now consolidating gains. The price of ether is currently trading over $1,350 and the 21 hourly simple moving average. The price is also trading above the 23.6% Fib retracement line of the upward movement from the swing low of $1,263 to the high of $1,369.On the 4-hour chart, we can see Ethereum totally regaining its earlier loss, indicating that another high has been achieved and selling pressure will soon resume. Over the last week, Ethereum price movement has been sideways. Following the recent retest of the upside, a lower high was achieved at $1,350, with rapid rejection downward.According to Price Analysis, the market capitalization of this ETH is expected to be $165,034,540,609. The coin&#39;s 24-hour trading volume is roughly $10,554,054,575. The market capitalization of Ethereum has increased by 4.36%. However, trading volume rose by 17.77% during intraday trading. The market capitalization to volume ratio is 0.06348.On the hourly chart of ETH/USD, a major bullish trend line is forming with support at $1,350. On the upside, the price is facing resistance at $1,370. A clear break above $1,370 might trigger another rally towards $1,400. If the bulls continue their steam, the price might rise above $1,450. Any more advances might open the door for a move towards the $1,500 resistance zone. The next big hurdle is located at $1,550.If ethereum fails to break over the $1,370 barrier level, it may begin a downward trend. The trend line and the $1,350 level offer initial support on the downside. The next major support is at $1,320. It is close to the 50% Fib retracement level of the upward move from the swing low of $1,263 to the high of $1,369. If the price falls below $1,320, it may move towards the $1,275 support.cKEY LEVELS :RESISTANCE LEVEL : $1400-$1450SUPPORT LEVEL : $1320-$1280Following a sharp recovery, ETH is now facing resistance at the $1370-$1400 level. Will it clear the zone or go backwards at this point? Could you please remark on our points of view?

ETHEREUM PRICE ANALYSIS CMP-$1355: Will ETH price cross $1400

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