Ether edging towards a new session low

Following on from the previous update on Bitcoin, where a total lack of progress so far today was noted, the price of Ether is also fading in recent trading. Earlier today Ethereum (ETHUSD) fell to as low as 1951.13 during the Asian session. Following a modest rebound to just above 1980 earlier this morning, it is now dropping back once more. The current price is heading closer towards that Asian low and seems to be at risk of taking it out too. That is not guaranteed, but increasingly possible. If it does, then the next level of note and potential support would seem to be at 1921.20. That was the exact low seen last Friday, where an interim base was formed ahead of the weekend rebound, back to 2,086. ETHUSD is right now trading at 1959.60