Ether continues to struggle for a price rout above crucial resistance indeed as bitcoin, the crypto request leader, looks north after record daily near. 

 

 The native commemorative of Ethereum’s blockchain has yet to take out the falling trendline drawn from May and September highs. Bitcoin cleared analogous resistance two weeks agone and ended Tuesday over$ – its loftiest daily close ever. 

Ether’s rally from September lows has stalled near the trendline resistance (above left). 

 A persuading near advanced may revive the uptrend, opening doors for are-test of May highs near$. 

 The relative strength indicator (RS) is well short of over 70 or overbought situations, inferring compass for a continued move to the advanced side. 

 Bitcoin hardly missed the continuance high of$ beforehand moment and was last seen trading near$. 

The immediate bias remains bullish as the uptrend line from September lows is complete. 

 The diurnal RSI is signaling overbought conditions. So, a possibility of a temporary withdrawal can not be ruled out. Below the rising trendline, support is seen at$.