Ethereum (ETHUSD) has managed to rebound again since the last update on the price here yesterday. Following that update Ether did drop back to test 320 where upon it has staged another rebound. However, and so far it is yet to surpass the weekend highs around 360. In fact, the range so far today has been very contained by recent standards, with 343-357 basically covering the price action. It is getting a slight lift from the current move seen in Bitcoin and clearly it looks like waiting for a better lead. A break above 360 might yield some further upside and of course a break below 320 will refocus on further downside potential, as was highlighted here yesterday. ETHUSD is just now trading at 348.75