Ethereum (ETHUSD) reclaims $2800 today
The continuation of the rebound above $2500 in Ether so far since last weekend has helped to reignite the topside for the second largest cryptocurrency. That saw it touch $2800 late yesterday evening ahead of the wider US market close. Earlier today following a brief dip back below 2,700 and towards 2,650, it has now risen quite sharply above that 2800 level. It has reached 2825.37 a few moments ago. The move higher in Ether is also helping Bitcoin to make a move above 38k, but once again it seems clear that Ether is in charge of the move. The move above 2800 today is taking Ether closer to the next important resistance level. That is in place right now at 2884. There may be more to add on this one as the day unfolds. Meantime, Ether is currently trading at 2813.75
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