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Why Is Ethereum Up Today? Will It Hit $10,000?

CoinGape
Summary
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64% Informative

CME’s Ethereum futures open interests hit new all-time highs, nearly doubling since the recent U.S. elections.

ETH /BTC pair needs to break crucial resistance to decide the future course of action ahead.

ETH price has taken a strong lead gaining 5% over the last 24 hours and crossing past $ 3,500 levels while Bitcoin consolidates around $98,500 .

Technical analysts predict ETH could target $ 4,000 in the near term and even $ 10,000 .