Ether drops to session low

Earlier today during the Asian session, Ether was trading higher. The second largest cryptocurrency rose above $4,300, to as high as $4344. However, as the European morning has unfolded the price has slipped back closer to $4,200 again. It is still holding up relatively well and still resisting a test of the important $4000 level. The 50 day moving average that is still guarding the downside, is still rising too and today that comes into play at 4053. The 21 day moving average that is conversely capping the topside is in place right now at 4503. Ether has just now hit a session low at 4208. It is currently trading at 4,212