Ethereum (ETH) Price Climbs Again, Bulls Likely Sighting $240

ETH price completed its downside correction near the $202 support area against the US Dollar.
The price bounced back and climbed to a new monthly high above the $220 level.
There is a new major bullish trend line forming with support near $210 on the hourly chart of ETH/USD (data feed via Kraken).
The pair is currently correcting gains, but it remains supported near the $215 and $210 levels.Ethereum price is back in a positive zone versus the US Dollar and bitcoin. ETH price is showing positive