- ETH price extended gains above the $230 resistance and climbed above $235 against the US Dollar.
- The price tested the $237 level and it is currently correcting gains.
- There are two bullish trend lines forming with support near $226 and $222 on the hourly chart of ETH/USD (data feed via Kraken).
- The pair could find a strong buying interest near the $224 and $225 support levels in the near term.
Ethereum price is correcting gains from $237 versus the US Dollar, and bitcoin is holding $11,500. ETH price could test the main $224 support in the near term, where the bulls might take a stand.
Full article is on Bitcoin2Day.
