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Ether uptrend still intact

01 Nov, 2021

As was noted here in updates last week, the second largest cryptocurrency, Ethereum (ETHUSD) rose to set a new all time record high, when it surpassed a noted double top at 4379 and 4372. The coin rose to as high as 4459 on Friday. The weekend price action saw it drift back with BTC, falling to as low as 4152 at the start of the Asian session earlier today. However, since the European reopening the price has been on the rebound again. That has seen it rise to as high as 4358 a short while ago. Obviously, it is now back within striking distance of that previous record high and the overall trend remains positive all the while the price remains elevated above $4000. ETHUSD is just now trading at 4347
 

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