Ethereum traded to a new monthly high near $249 before correcting lower against the US Dollar. ETH price is currently trading nicely above $253 and it could rally again towards $250.
- ETH price is holding the main $235 support level and the $232 pivot level against the US Dollar.
- It is facing a couple of important hurdles near $240 and $250.
- There is a crucial contracting triangle forming with…