Ethereum rose by 3.35% on Wednesday. Partially reversing a 6.21% slide from Tuesday, Ethereum ended the day at $573.38.
It was a bearish start to the day. Ethereum fell through the first major support level at $536.78 to a late morning intraday low $530.32 before making a move.
Finding support going into the afternoon, Ethereum rallied to a late intraday high $578.67.
Falling short of the first major resistance level at $584.13, however, Ethereum eased back to sub-$580 levels to limit…