Ethereum trades in the $2.9K range, after gaining over 3.55%.
ETH could hit $3K if it clears the $2,950 resistance.
Following the US election of 2024, a notable surge has ignited within the cryptocurrency market to rekindle the bullish rally. Post the period of persistent difficulties, the largest altcoin, Ethereum (ETH), has finally broken above the $2,880 mark. At present, the asset is at a crucial juncture, attempting to hit $3K.
As Ethereum has entered the bullish market, it has gained over 3.55% over the past 24 hours. However, due to its upside correction, ETH is poised for a remarkable rally. At press time, Ethereum is trading at $2,914.
Over the day, the asset has visited its lowest price of $2,781 and climbed to the peak price of $2,954. It’s crucial to note that the market observed a liquidation of $59.96 million worth of Ethereum during this timeframe. Meanwhile, the daily trading volume of ETH stays at 30.84 billion.
On the other side, ETH has marked a st
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