Ether on the rebound so far today
On Saturday, another dip below $2500 in Ethereum (ETHUSD) did seem to incite some further selling as the second largest cryptocurrency fell back to as low as 2210. Early Sunday trading saw it briefly dip below that level, when it reached 2183. However, it did not stay down there for very long and later rebounded back above 2400. Earlier today, another dip to below 2300 not long ago has also been reversed right now as the price reclaims that 2400 level again. Clearly 2500 remains an immediate resistance level a little higher up and that could cap the topside again today, but of course it could just as easily be surpassed too. Right now it is indeed the topside that looks to be the immediate focus as the price rises towards session highs (currently at 2449). ETHUSD is just now trading at 2425
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