Ethereum (ETHUSD) drops back from $604.80 high so far today

It was quite a ride for Ethereum (ETHUSD) yesterday. The price fell from a high of $636.20, to as low as 565.75. It then rebounded almost as sharply to touch 620 before later falling back again to around 575 ahead of the US close. Today it has risen from a low of 576 to as high as 604.80 a short while ago, but it is now tracking a little lower currently trading around 599. Clearly the session today is not as volatile as it was yesterday, but it might be unwise to rule out some larger moves before the day is out. From a purely technical perspective there really is not much to go by up at the current levels apart from support at 575 which has already capped the downside so far today. That support is in the shape of the 10 day moving average that is currently in place at 575.55. ETHUSD is now trading at 599.40