Ether off worst levels of the day

Yesterday Ethereum (ETHUSD) managed to reclaim levels above $3,800 and looked like it might even make some further gains, when it rose to 3,850. However, that was the extent of the rise and later it slumped back with BTC ahead of the wider US market close. That saw Ether fall back to as low as 3,682. It did rebound from there into the Asian reopening today and it is trying to make headway again now. The range seen so far today has been covered by 3,714 to 3,777. The wider range, as noted here yesterday, remains intact inside 3,389 and 4037. The longer term trend is still positive too, but that 50 day moving average is still falling close to breaking below the 100 day and that is not positive. ETHUSD is currently trading at 3,751