Ethereum (ETH) Price Could Break $175 As Bitcoin Climbs Towards $6.4K

ETH price remains supported above the $164 level and recently recovered against the US Dollar. The price is still struggling to clear the $172 and $173 resistance levels, despite gains in bitcoin. There was a break above a key bearish trend line with resistance at $168 on the hourly chart of ETH/USD (data feed via Kraken). The pair could trade in a range before it makes an attempt to break the $172 and $175 resistance levels. Ethereum price is trading sideways with positive signs versus the US Dollar, but declined…