Ethereum Price (ETH) Correcting Losses: $225 Presents Key Resistance

ETH price traded to a new monthly low near $190 and later corrected lower against the US Dollar.
The price corrected above the $200 resistance level, but upsides could face hurdles near $220 and $225.
There is a crucial bearish trend line forming with resistance near $218 on the hourly chart of ETH/USD (data feed via Kraken).
The pair could struggle to gain momentum above the $218, $220 and $225 resistance levels.Ethereum price is currently correcting losses above $200 versus the US Dollar, sim