Ethereum (ETH) Price Surges 20%, Hits $270: $300 Could Be Next

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ETH price surged higher and broke the key $240 and $250 resistance levels against the US Dollar.The price is up more than 20% and it recently tested the $270 resistance level.There is a new key bullish trend line forming with support near $244 on the hourly chart of ETH/USD (data feed via Kraken).The pair is following a strong uptrend and it seems like the price could even surge towards $300.Ethereum price surged significantly towards $270 versus the US Dollar, and jumped sharply vs bitcoin. ETH is in a major bull run and it seems like the price might even hit $300.Ethereum Price AnalysisYesterday, we saw a sharp increase in Ethereum price above $220 resistance against the US Dollar. The ETH/USD pair gained pace above the $225 resistance and rallied above the second target discussed this week. It broke the key $240 and $250 resistance levels to move further into a…

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