Late support delivered the upside on the day, however. Ethereum revisited ,790 levels before easing back to end the day at ,772 levels.At the time of writing, Ethereum was down by 0.25% to ,767.70. A mixed start to the day saw Ethereum rise to an early morning high ,779.39 before falling to a low ,766.66.Ethereum would need to move back through the pivot level at ,769 to support a run at the first major resistance level at ,828.Support from the broader market would be needed, however, for Ethereum to break out from Tuesday’s high ,824.23.In the event of an extended crypto rally, Ethereum could test resistance at ,900 before any pullback. The second major resistance level sits at ,883.Steering clear of the first major support level at ,619, Ethereum rallied to a late morning intraday high and a new swing hi ,824.23.Ethereum rose by 1.09% on Tuesday. Following on from an 8.51% rally on Monday, Ethereum ended the day at ,772.16.
For the day ahead
Falling short of the first major resistance level at ,833, Ethereum fell back to sub-,720 levels and into the red.It was a mixed start to the day. Ethereum fell to an early morning intraday low ,710.01 before making a move.Ethereum left the major support and resistance levels untested early on.Barring an extended crypto rally, the first major resistance level and Tuesday’s high would likely cap any upside.