The longer term trend for Ether is still rising

The price action for Ethereum (ETHUSD) is still rather uncertain. The longer term trend, as defined by its 200 day moving average is still upward, as that moving average is still rising. It is now at 3,471 today. However, the price action since January 6 has been camped well below it and it has failed to reclaim levels above it on each time that the prevailing price has gotten close to doing so. The range since Friday has been covered by 3,190 to 3,393. That high point was set yesterday afternoon around 4pm GMT. Since then it has fallen back again and a little earlier today it dropped back to as low as 3,238. It has just now lifted off that low, but the move higher is as yet not convincing. ETHUSD is just now trading at 3,270