Ether rises to session highs
The further rebound in both BTC and Ether is continuing as this update is being written. That means that BTC is just nosing its way back to 46k again and Ether is close to session highs right now too, as it probes the 3,350 level. Yesterday the price shot higher, to around 3,450 on the erroneous Litecoin pump and dump headlines. However, and as already noted, it then fell back close to 3,100 once it became clear that the news surrounding Litecoin was fake. So, today Ether is probing the upside again, but it still has to vault above 3,450 and then take on the potentially more important 3,500 level, which has capped recent attempts to get back closer to retesting the 4k level. Its in demand right now, but it remains to be seen if those important levels can be surpassed. ETHUSD is currently trading at 3,352
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