Ethereum (ETHUSD) back below 1500 today

It is not exactly a surprise given the move lower in Bitcoin today, to see that Ether has suffered a corresponding drop too. That fall has taken the price to below $1500 today, to as low as 1445.89. It has rebounded a little from there, but presently it is yet to reclaim that 1500 handle. That may come of course, but the move lower today is consistent with all that was mentioned here on the quick news about Bitcoin, both yesterday evening and again this morning. The drop back below 1500 today in Ether does now open the question as to the overall correction and its chances of continuing further on the downside. The move lower thus far is not entirely conclusive to that outlook yet, but a further fall below 1400 could open the door to the resumption of the downside correction that took the price back to around 1350 from the peak above 2000. ETHUSD is currently trading at 1484.50