Ether hits session low after rejecting $4800 again

A couple of days ago this author was tempted to write about the prospect of Ethereum (ETHUSD) reaching $5000 for the first time ever and earlier today that might have even looked to be on the cards ahead of the weekend. The price rose above $4,800 again. However, and right now it is falling back towards $4,500 as it meets with a degree of resistance around $4800 once more. The trend higher is still intact, but the price action is increasingly warning of exhaustion. There will be more technical data to add on that later today, but for now the potential move to fresh all time highs (above 4,865) has been thwarted for the time being. ETHUSD is just now trading at 4,630