Ether backs off in Asian trading

Yesterday both Bitcoin and Ether did rebound again and the move higher in Ethereum (ETHUSD) did eventually take out that noted 50 day moving average that was in place at 3,208. The price extension through that level came late in the day though and only really accelerated after the European close and very late in the US session. Ether lifted to as high as 3,273. However, it has backed off in Asian trading today, falling back below $3,200 again and towards 3,150 a short while ago. The low so far today has been set at 3,159. Meantime, that 50 day moving average is still falling and this morning it is in place right now at 3,195. ETHUSD is currently back underneath it too, just now trading at 3,188