Ethereum found support near $218 and started a sharp recovery wave against the US Dollar. ETH price is now facing hurdles near the $234 level and the 100 hourly SMA.
- Ethereum is up around 4% and it recovered nicely above $225 and $230.
- The price is currently struggling to gain pace above $234 and the 100 hourly simple moving average.
- There is a short-term ascending channel forming with support…