Ether still shying away from 3,760

Earlier today it was noted here on the Quick News; that Ethereum (ETHUSD) had stalled ahead of the previous breakdown level that was in place at 3,760. The further drop had taken to as low as 3,585 during that Asian session. The rebound since then has seen it eventually move to a session high this afternoon at 3,750. It has just now turned lower from there and once again it seems that 3,760 is a price point that is providing some stern resistance to any further upside. Of course it is not done with yet in terms of climbing back above that price point, but all the while it fails to do that, a further deeper decline cannot be ruled out. ETHUSD is currently trading at 3,719