Ethereum Price Weekly Analysis: ETH/USD Could Bounce Back To $220

Key HighlightsETH price corrected lower sharply after trading above the $222 level against the US Dollar.
There is a key bullish trend line in place with support at $208 on the 4-hours chart of ETH/USD (data feed via Kraken).
The pair is likely to move higher as long as it is above the $208 and $206 support levels.Ethereum price is consolidating recent losses versus the US Dollar and Bitcoin. ETH/USD may perhaps climb higher above $220 if it stays above the $206 support.
Ethereum Price Analysis