Ethereum (ETH), the second-largest cryptocurrency by market capitalization, has shown a significant bullish breakout from a robust resistance level. This breakout is expected to lead to a 23% price rally.
The recent price movement is correlated with the outcome of the U.S. presidential election, where Donald Trump defeated Kamala Harris. This event has seemingly influenced the crypto markets positively, further bolstering Ethereum's potential for a substantial upward move.
