Ethereum (ETHUSD) edges off session lows
It has been a while since the last update here on Ethereum (ETHUSD), but I shall be focusing a little more on this one in the near future. The range since that previous update has been essentially covered by $1800 to $2,000. More recently the second largest cryptocurrency has been on the rebound from a low at around $1,760. That rebound had taken it back to as high as $1,927 on Monday, but since then it has been tracking lower. The low seen a little earlier today was set at 1858.85. It has now bounced above $1,870. The overall price action looks mildly supportive so long as levels this side of $1,750 remain intact. The nearest supports today ahead of that price point are the 21 day moving average (right now at 1827.15) and the 100 day (right now at 1794.05). The earlier high today was set at 1914.71. ETHUSD is currently trading at 1870.70
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