Ethereum Price Analysis: ETH/USD Holding Key Support At $112

Key HighlightsETH price corrected lower recently after forming a high near $125 against the US Dollar.
There is a short term declining channel or flag formed with resistance at $120 on the hourly chart of ETH/USD (data feed via Kraken).
The pair must break the $119 and $120 resistance levels to climb higher in the near term.Ethereum price is currently correcting against the US Dollar and bitcoin. ETH/USD must settle above $120 to resume its upside move above $124-125.
Ethereum Price Analysis
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