Ether rises to session high after holding technical support level again

On Friday, as BTC came under heavy selling pressure, the move lower there helped to push Ether lower with it. Eventually that pushed the price of Ether to as low as $4472. That was a price point that had been outlined here earlier in the week and had defined the level of the 21 day moving average. However, by Friday evening that had shifted to 4416 and so the low point set then once again did not threaten this support. The subsequent rebound on Saturday and Sunday has helped it to rebound, with the assistance of a similar move in BTC of course. The price of Ethereum (ETHUSD) has recovered to back above $4700 today. The price is in fact, just now rising to session highs at $4,745. That 21 day moving average has now risen too. Right now it is in place at exactly 4,500