Ethereum is slowly recovering and trading above the $225 level against the US Dollar. ETH is likely to rise sharply if it clears the $228 and $230 resistance levels.
- Ethereum is showing positive signs above the $224 and $225 support levels.
- The price is still struggling to clear the $228 and $230 resistance levels.
- There is a crucial ascending channel forming with support near $224 on the hourly…