Trump’s election victory has inspired more optimism among crypto analysts, with some expecting Bitcoin to breach $100,000 before the end of 2024, boosting Ether’s price along the way.
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Ether whale interest is slowly re-emerging after the summer illiquidity, as technical chart patterns point to an imminent price reversal.
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Some analysts are eying an Ether rally above $3,000, but traders may have to wait until October.
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Ether price must still overcome the key $2,700 resistance before positioning for a breakout above $3,000 in Q4 2024.
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Ether price could be on track to new all-time highs, provided it can close the week above the $4,000 mark.
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