Ethereum (ETHUSD) continues to hold above $350

Yesterday it was noted here on the Quick News; that Ethereum (ETHUSD) was holding up well and remaining above support at $350. Well, following that update the price did test that level, around the time of the Asian handover. However, it held firm and that allowed another modest rebound to take place overnight as Ether lifted back to 360. Since then though, it has been on the drift lower again, very much in a similar mode to that seen in the price of Bitcoin so far today, as each of the leading coins roughly track the others progress so far today. That has led Ether back to below 355 this morning. Around one hour ago the price briefly dipped below 353, but it is trying to rebound again right now. Hence the immediate lines of demarcation are now set at 350-360 with a break either side offering up the potential for some extension in the price. ETHUSD is just now trading at 354.65