Ethereum rallied by 8.30% on Wednesday. Following on from a 0.46% gain on Tuesday, Ethereum ended the day at $637.98.
A bearish start to the day saw Ethereum fall to a mid-morning intraday low $581.21 before making a move.
Steering clear of the first major support level at $579.81, Ethereum surged to a late intraday high and a new swing hi $639.58.
Ethereum broke through the day’s major resistance levels and the previous current year’s high of $636.53.
In spite of a partial pullback,…