Ethereum Price Analysis: ETH/USD Remains Supported Above $220

Key HighlightsETH price is holding the $220 support level very well against the US Dollar.
There is a short-term connecting bearish trend line formed with resistance at $225 on the hourly chart of ETH/USD (data feed via Kraken).
The pair must clear the $225, $228 and $230 resistance levels to gain momentum in the near term.Ethereum price remained above key supports against the US Dollar and bitcoin. ETH/USD is placed nicely for more gains above the $214 trend support.
Ethereum Price Analysis
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