Ethereum rallied by 3.82% on Wednesday. Following on from a 1.30% gain on Tuesday, Ethereum ended the day at $403.18.
It was a bearish start to the day. Ethereum fell from an early morning high $388.69 to a late morning intraday low $376.64.
Steering clear of the first major support level at $375.83, Ethereum rallied to a late afternoon intraday high $409.00.
Ethereum broke through the first major resistance level at $395.58 and the second major resistance level at $402.84.