Ethereum Price Analysis: ETH/USD Turned Buy on Dips

Key HighlightsETH price surged higher and broke a key resistance near $210 against the US Dollar.
This week’s followed important bearish trend line was breached near $209 on the hourly chart of ETH/USD (data feed via Kraken).
The pair traded towards the $230 level and it is currently correcting lower in the near term.Ethereum price is positioned for more gains against the US Dollar and bitcoin. ETH/USD could correct lower, but dips towards $416 and $412 remains supported.
Ethereum Price An