Ether briefly does dip below $3,200

Following an earlier update here on the progress of Bitcoin, it was noted that Ethereum (ETHUSD) had been holding its ground 3200. Well, not any more and in recent trade the price just dipped below that level. It fell back to around 3,190. The move lower is not necessarily a surprise though because there was little in the way of upside momentum in the recent price action despite it holding its lower levels. The real question remains as to where to next move, outside of 3000 and 3500 will be. Eventually, that range is going to break of course and as it stands right now the downside looks a little more in focus. If that changes, then another update will follow at some stage later. ETHUSD is currently trading at 3,210