Ether Tops $4.2K, Eyes Record High

Ether Tops .2K, Eyes Record High
The cryptocurrency hit five-month highs of over $4,200 earlier today, extending Wednesday’s 7.3% gain – the biggest since Oct. 1. The price chart shows the path of least resistance is to the higher side, and record highs could soon come into play.Ether has convincingly breached the bearish trendline connecting May and September highs. Bitcoin topped similar resistance earlier this month and clocked new record highs of over $66,000 on Wednesday.Ether has also flipped the September high of $4,030 into support.There is little resistance overhead on the way to $4,379 – the record reached in May.The relative strength index (RSI) on…