Ethereum recaptures its upside trend

The rise in Ethereum since last week has been as equally dynamic as that seen, and reported on here earlier in Bitcoin. The second largest cryptocurrency has now lifted close to 2400 earlier today. The move back above 2000 last Thursday was helped by a further rise above an important level on Saturday. Ether rose above its 200 day moving average (now at 2105), but the real extension came in the early hours today when it charged above 2300, to as high as 2390 so far. That gain was reversed a little earlier when the price dropped back to as low as 2300 once more. However, it is on the rebound again right now and beyond the high already seen earlier today, the next notable point of resistance is in place at 2528. ETHUSD is just now trading at 2351