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Ether still holding inside its wider range

27 Sep, 2021

Last week it was noted on the quick news; that none of the most recent moves in Ethereum (ETHUSD) had sent the second largest cryptocurrency outside of the noted wider, 2700-3300 range. The low point seen last week, on Friday morning, after the Chinese Ban news impacted the whole edifice, was set around $2,750. Another attempt over the weekend also stalled around the same level and since then it has rebounded back above $3000 again. Of course that rebound was helped by similar recoveries elsewhere, most notably in BTC. However, the high earlier today stalled again not much above 3,150 and since then it has tailed off a little. The drop back is once again taking the price back towards the pivotal point of the wider range. That is clearly at $3000 and ETHUSD is just now trading at $3,095

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