Here’s Why Ethereum Recovery Won’t Be Easy, $140 Holds Key For Next Rally

Here’s Why Ethereum Recovery Won’t Be Easy, $140 Holds Key For Next Rally

Ethereum is currently consolidating above the $212 support area against the US Dollar. ETH price must climb above $228 and $238 to start a strong recovery in the near term.

Ethereum is showing a few positive signs above the $212 level against the US Dollar.
The price is likely to retest $228, which is the first major hurdle for the bulls.
There is a key bearish trend line forming with resistance…

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