Ethereum (ETHUSD) recovers from test of 375

Yesterday it was noted here that Ethereum (ETHUSD) was in danger of making a move below 375 and if that happened then it might deliver some further downside. Well, yesterday Ether did briefly dip below 375, but the move was over in a blink of an eye and clearly not definitive to further downside. The subsequent rebound has seen the price lift back to as high as 385.25 since, but that move higher has seemingly struggled too. So, it seems we are now in a 375-385 immediate range with potential for some extension and acceleration either side of that range in the short term. Quick news will continue to monitor the performance today and revert with a further update if anything more illuminating comes to the fore. Meantime, ETHUSD is just now trading at 382.90