Ether extends weekend gains

Yesterday afternoon an update here noted the rejection of any break below $1700 again for Ethereum (ETHUSD) in weekend trading. Well, since that update the rebound has extended further during the Asian session today. The price has lifted to as high as 1886.78 thus far and that is taking it closer to its next upside hurdle. That appears to be the 21 day moving average. That is still falling steeply and in place right now at exactly 1972. The further gains in BTC, back above 30k this morning are clearly assisting this move, although it seems that Ether is more likely the reason for that and not the other way around. The range seen so far today has been covered by 1792.60 to 1886.78. It is currently trading at 1876.40