Ethereum finds temporary support ahead of $1440

Since falling back below 1450 during the Asian session today, Ethereum then tried to rebound, but that stalled and the price fell back once again in early European trading to as low as 1444.01 which was a new low on the day for Ether. However, the immediate chart configuration has now set up a very short term double bottom as defined by lows at 1445.80 and then at 1444.01. The price has now rebounded off those lows a little further in recent trading. It has just now risen to 1475 and could extend a little further given that supportive double bottom lower down. It could also later take out that double bottom too. So, whilst the chart pattern today does look supportive, the price action is still very pivotal overall. ETHUSD is just now trading at 1473.70