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Ether lifts to fresh session highs

09 Feb, 2022

The earlier Asian session relapse in the price of BTC and Ether has slowly been reversed during the European session and now both are pushing above the earlier highs. That has seen Ethereum (ETHUSD) now lift back above $3,100 and closer to 3,200 as the recovery extends. The high point seen earlier on today was set at 3,139 and it has now risen to as high as $3,195 set just a few moments ago. The acceleration above the earlier 3,139 level was clearly an indication of another interim wave higher. It now remains to be seen if it can climb back above the noted 50 day moving average that is in place at 3,208. If it can do that and sustain the move, then the previous high this week, reached yesterday, at 3,233 might then be retested again. ETHUSD is just now trading at 3,193
 

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