Ether proves resilient again

Well, despite the protestations here yesterday, Ethereum (ETHUSD) yet again avoided a drop below 1700. The rebound that came later in the day saw it reverse its earlier fall, to as low as 1,725. That rebound took it back to as high as 1,874. However, it did not manage to climb above its 21 day moving average. That is still falling and in place now at 1876. Earlier today the price slumped again, falling to as low as 1754. It has managed to reclaim the 1800 handle again since, but it is not yet done with further attempts on the downside by the looks of things. The range seen so far today has been covered by that earlier low at 1754 and a subsequent high at 1846. ETHUSD is currently trading at 1803