At the time of writing, the altcoin has achieved a high of $3,803. However, following the December 4 collapse, Ethereum has been trading in a range of $3,600 to $4,100. Ether's price bars are below the 21-day and 50-day simple moving averages, signalling a likely downward move. Ethereum is also in a downturn, with the Relative Strength Index at 42 for the 14-day period.