Ethereum Price Analysis: ETH/USD Bullish Above $224

Key HighlightsETH price traded higher and spiked above the $230 resistance against the US Dollar.
There is a key ascending channel in place with support at $226 on the hourly chart of ETH/USD (data feed via Kraken).
The pair remains well supported above the $224 and $226 levels in the near term.Ethereum price slowly climbed higher against the US Dollar and bitcoin. ETH/USD could correct lower, but the $224 support is likely to hold losses.
Ethereum Price Analysis
There was an upside move above t