Ethereum just took out $4000 as it extends overbought position

The rise in Ethereum (ETHUSD) continued to gather pace over the weekend. The price rose to fresh record highs above 3600 on Saturday and that move extended into Sunday as the second largest cryptocurrency seemed still determined to become the first. The move higher yesterday stopped just short of breaking above $4000 for the first time ever. However, it has right now just done that as it rises to session highs at 4143 a few moments ago. The new record this morning is taking it further into uncharted territory and and now the relative strength index (RSI) is perilously high. The current 14 Day RSI is right now above 90 and that is indicating that Ether is dangerously overbought. It might extend a little further and that is hard to predict, but the warning signs are now there; that a correction could soon unfold. ETHUSD is currently trading at 4117