Analysts Expect Explosion Past $500 as Ethereum Nears Crucial Resistance

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Ethereum has undergone a strong rally over the past 48 hours as the crypto market has bounced back from the weekly lows. The price of ETH currently is $473, up 5% in the past 24 hours alone. Analysts expect further gains as the asset looks poised to close a daily candle above $482, which should trigger a move above $500. Ethereum Set to Explode Past $500, Analysts Say Ethereum has undergone a strong rally over the past 48 hours as the crypto market has bounced back from the weekly lows. The price of ETH currently is $473, up 5% in the past 24 hours alone. ETH has begun to outpace Bitcoin once again. BTC is up by only around 3% in the past 24 hours. Both assets are benefiting from a risk-on sentiment amongst investors. Market data indicates that after the three previous presidential elections, investors were overall risk-on as…

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