Ethereum snaps out of immediate range

Earlier today it was noted here that the most recent price action in Ether has been characterised by a series of lower highs and higher lows. Well, since that update the second largest coin snapped that pattern as it rose above the previous interim high that had been set at around 3380. The price just spiked to above 3411 a few moments ago. It has just backed away from that high right now, but the price action is once again thin and sporadic too. So, despite snapping the most recent price dynamic pattern it is not entirely clear whether or not this latest rebound will continue. ETHUSD is just now trading at 3372