Ethereum (ETH) Could Recover To $180, Bitcoin Up 5%

Ethereum price is currently correcting higher and is trading above $172 against the US Dollar. Bitcoin price is up more than 4% and it broke the key $8,200 resistance area. There was a break above a key bearish trend line with resistance near $172 on the hourly chart of ETH/USD (data feed via Kraken). The pair could recover further towards the $180 level, which is a major hurdle for the bulls. Ethereum price is slowly climbing higher versus the US Dollar, while bitcoin is up 5%. However, ETH price is…