Ether extends to fresh session highs as it approaches $1200

Since the last update here earlier today, Ethereum (ETHUSD) has lifted further and it is now rising to session highs above 1185. The gain is now pushing the price close to the previously noted resistance level at $1200. As noted here earlier in the week, the previous rebound stalled at around 1191. That is not to say it will rise above 1200 this afternoon, but clearly there is some renewed buying interest playing out this afternoon. It has in fact just now hit a new high on the week at 1198. It is currently trading at 1192