Ethereum Could Narrowly Avoid Another Decline If It Closes Above $230

Ethereum Could Narrowly Avoid Another Decline If It Closes Above $230

Ethereum 25

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…

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