Ethereum Price Analysis: ETH/USD Consolidating Above $200

Key HighlightsETH price recovered nicely and moved above the $210 level against the US Dollar.
There is a key bearish trend line in place with resistance at $216 on the hourly chart of ETH/USD (data feed via Kraken).
The pair must break the $216 and $220 resistance levels to move further higher in the near term.Ethereum price is mostly consolidating against the US Dollar and bitcoin. ETH/USD is likely to decline a few points towards $205 before moving higher.
Ethereum Price Support
After a major