Ethereum Price Technical Analysis – ETH/USD Dips Remains Supported

Key HighlightsETH price corrected lower after trading as high as $712.43 against the US Dollar.
Yesterday’s highlighted two key bullish trend lines with current support at $675 and $665 are intact on the hourly chart of ETH/USD (data feed via Kraken).
The pair remains well supported on the downside and it could bounce back above $700.Ethereum price is positioned nicely for more gains against the US Dollar and Bitcoin. ETH/USD is recovering after a sharp downside correction towards $675.
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