Ethereum found support near $1,070 and recovered above $1,150 against the US Dollar. ETH could rise further, but upsides might face hurdles near $1,200 and $1,230.
- Ethereum started an upside correction from the $1,070 and $1,080 support levels.
- The price is now trading above $1,120 and the 100 hourly simple moving average.
- There was a break above a major bearish trend line with resistance near $1,140 on the hourly chart of ETH/USD (data feed via Kraken).
- The pair could rise further towards…
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