Ethereum (ETH) Price Hits First Target: $240 Could Be Next

ETH price climbed above the $210 resistance level and tested the $225 level against the US Dollar.
The price remains in a strong uptrend and it could soon test the $240 resistance area.
There is a new short term bullish trend line forming with support near $209 on the hourly chart of ETH/USD (data feed via Kraken).
The pair remains well supported on the downside near the $215 and $210 levels.Ethereum price climbed sharply above $220 versus the US Dollar, and recovered a few points vs bitcoin. E