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Ether rebounds after another weekend slump

20 Jun, 2022

Last week I was not here to cover the immediate prospects for both Bitcoin and Ether. Had I been here then I would almost certainly have reminded you; that the outlook target for Ether, following the breakdown below 1700, was at approximately around 1000. Well, that was almost exactly where it fell to. The low set Wednesday was at 1013. However, the rebound back above 1,250 from there did not last and it was under pressure again heading into the weekend. The delivered a move to as low as 880 on Saturday, as the negative press reports for this one seemed to overwhelm the price action. In truth, having been absent for a few days I do need to get my bearings on this one today. There will be more to add later. Meantime, the rebound since Saturday has helped Ether to as high as 1148 earlier today. It is well off that high now, currently trading at 1065
 

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