Ethereum (ETHUSD) outperforms

Yesterday, it was noted here that Ethereum (ETHUSD) had managed to hold resolutely above the noted support level at 353.15. The rebound from just above that level had endorsed the current 350-400 range. Yesterday, the move back above 370 has been added to today, with a further move higher above 385 earlier on. The price is just now backing away a little as it drops below 380, but overall Ether has certainly outgunned its bigger brother, Bitcoin so far this morning. The outlook remains positive, but with a clear sideways slant in between that 350-400 wider range. This could persist for some time to come with obvious caution should that 353.15 level give way at any point. On the topside resistance at 390 runs ahead of 400 still and may cap the topside again today. ETHUSD is just now trading at 379.95