Ether extends rebound as US equity futures gain

The rebound in Bitcoin noted much earlier this morning did deliver a rebound for Ether too. That rebound saw the second largest cryptocurrency rise above its 21 day moving average for the first time this week. That was perhaps the first indication that it was set to move higher still. Well, that is what it has done. Ether has now lifted above $1200 and is extending that move to above 1225 in recent trading. Of course this will most likely continue to take its lead from the US equity markets and the dollar. The high seen so far has been set at 1234.20 just a moment ago. It is currently trading at 1233.45