Ethereum (ETH) Price In Corrective Decrease: $230 Support Holds Key

ETH price climbed further higher and tested $280 before correcting lower against the US Dollar.
The price started a downside correction and traded below the $270 and $260 supports.
There is a major bullish trend line forming with support near $252 on the hourly chart of ETH/USD (data feed via Kraken).
The pair must stay above the $230 support area to avoid an extended downside correction.Ethereum price climbed towards the $280 level before correcting lower versus the US Dollar and bitcoin. ETH