Ethereum Price Analysis: ETH/USD Holding Gains Above $200

Key HighlightsETH price surged above the $215 level and later retreated towards $200 against the US Dollar.
There is a key connecting bullish trend line in place with support at $202 on the hourly chart of ETH/USD (data feed via Kraken).
The pair needs to break the $204-205 resistance area to resume its upside move in the near term.Ethereum price is currently consolidating against the US Dollar and bitcoin. ETH/USD must stay above $200 to climb higher towards $205 and $210.
Ethereum Price Analys