Ether continues to build on technical rebound

Earlier today, it was noted here on the Quick News; that Ether had managed to extend its technical rebound above the 21 day moving average. Well, since then it fell back from above $1200, but the drop was not sustained and since then it rebounded once more. The second largest coin rose to a session high at 1,227.80 not long ago and it is not far below that level right now. Meantime, that 21 day moving average is levelling out and now turning higher. It is in place right now at 1,123. The next resistance level on the topside from here on is now at 1279.05. That was the high set on June 26. After that comes further resistance at around 1482. The price action does suggest there is more room on the topside for the time being. ETHUSD is just now trading at 1218.50