Ether lifts back above $3,200

Earlier today as Bitcoin briefly dipped below its 200 day moving average, to as low as 45,288, Ether also took a hit. Well, that was hardly a surprise given the way these two track each other. Irrespective of that, Ethereum has now recovered the earlier drop that saw it fall back to as low as $3,116. It has recently reclaimed levels back above $3,200 and a short while ago rose to touch 3,250. The overall trend remains positive, although it did stop just short of reaching the next Fibonacci target level. That is in place at 3,356 and the price stalled yesterday at 3,338. It is just now edging back a little from 3,250, currently trading at 3,227