Ethereum (ETHUSD) finally gets the lift it needed

Yesterday the charge higher in Bitcoin eventually had a profound impact on Ethereum. The price lfted above $400 again and once it cleared the most recent highs just above 410 that was the catalyst for a more dynamic move higher. Ether shot to as high as 420 as Bitcoin lifted beyond 15k. That move was further added too when Bitcoin later charged above 15,300 in the early hours of the Asian session today. Ether lifted to as high as 442 as the market scrambled to get them on board. This latest rise has taken Ether to a new 3 Month high and certainly increased the chances of it retesting the earlier 2020 high at around 487. Naturally, that is by no means certain, but as long as the price remains elevated above 400 now, then the it is surely a live prospect. Having said that, Ether is tracking Bitcoin a little lower this morning as it consolidates the explosive move of the past 24 Hours. ETHUSD is just now trading at 431.30