Ethereum Price Analysis: ETH/USD Eyeing Upside Break Above $236
Key HighlightsETH price remained in a tight range above the $222 and $223 support levels against the US Dollar.
Yesterday’s highlighted key bullish trend line is intact with support at $224 on the hourly chart of ETH/USD (data feed via Kraken).
The pair is likely to climb higher slowly and it could even surpass the $234 and $238 resistances.Ethereum price is slowly gaining traction against the US Dollar and bitcoin. ETH/USD needs to clear the $234, $236 and $238 levels to accelerate higher
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