Ethereum Price Analysis: ETH/USD Under Pressure Below $216

Key HighlightsETH price is struggling to break the $214-216 resistance zone against the US Dollar.
Yesterday’s highlighted important bearish trend line is active with resistance at $212 on the hourly chart of ETH/USD (data feed via Kraken).
The pair has to break the trend line and the $216 resistance zone for more gains in the near term.Ethereum price is mostly in a bearish zone against the US Dollar and bitcoin. ETH/USD needs to overcome sellers above $212 to test the $228 resistance.
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