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Ethereum reclaims $1900 handle

21 Jul, 2021

Ethereum (ETHUSD) has just now lifted back above $1900. The price has in fact, almost risen $200 since the low point set yesterday, at $1719.17. The move higher today is since the Asian opening, where Ether rose from a low point just above 1750 ahead of the European opening. The move higher today has also taken BTC up with it, but as usual it is not entirely clear which is leading the move. However, in percentage terms since the low yesterday, it is clearly Ether that has gained the most.  Despite rising quite dynamically over the 12 hours, the price is still some way short of a number of resistance points. Obviously $2000 is the first of those and then we have the 21 day (2060) moving average and after that the even more important 200 day moving average which is now at 2079. The range today so far has been covered by 1755 to 1913. It is currently trading at 1901
 

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