Now Ether has a look below $1400

In the past few moments, Ether has now had a look below $1400. The drop to as low as 1386.35 does not appear to have any immediate catalyst and it looks like further longs have thrown in the towel following the break below 1500 seen yesterday. The price is trying to rebound from what looks likely series of stops tripped below 1400. As noted here earlier today the 21 day moving average is still intact and currently guarding the downside. That is right now in place at 1341.30. ETHUSD is just now trading at 1411.75