Ether holds holding gains above 3,760

Not long after the previous update here on Ethereum (ETHUSD), the second largest cryptocurrency suffered a modest early morning set back. At that time, it had failed to get back above the noted 3,760 level. That failure led to a fall back to as low as 3,686. However, it did not stay down there for long and the next move higher was quite impulsive, as it finally took out that 3,760 level with more impetus than before. That led it up to a session high of 3,815 earlier this morning. Since then it has been tracking mostly sideways, with a slight downside bias, but it has remained well above that 3,760 level at the same time. The next notable level of resistance on the topside is the 21 day moving average. That is still falling today and in place right now at 3,959. ETHUSD is currently trading at 3,793