Due to the agreement signed yesterday between Ethereum Foundation and a state development bank of Russia we could expect an upward trend driven by the optimism generated by these good news.
https://www.coindesk.com/ethereum-foundation-strikes-deal-russian-development-bank/
I do not know if this news is sufficient to keep the ETH price beyond the $ 400 mark, but it is a fact that this upward trend will remain constant in the long term, and I hope that by the end of the year we can see a new all times record high.
Yes, you are right but right now Ethereum price is consolidating at 350$ to 380$ so there is a chance once it's secure at that position. Already it has crossed 400$ mark previously so there is a chance for ETH to increase its price.