Ethereum is struggling to gain momentum above $340 and $350 against the US Dollar. ETH price could start a strong increase if it clears the 100 hourly SMA at $350.
- Ethereum is facing an uphill task near the $340 and $350 resistance levels.
- The price is trading in a range above $320 and below the 100 hourly simple moving average.
- There is a key declining channel forming with resistance near $340…