Ethereum May Add 45-50% in October
Ethereum (ETH) could be set for a robust rally in October, a historically favorable month for the crypto market. If trends persist, ETH may outperform Bitcoin (BTC), which has averaged gains of 27.5% in the last four Octobers. This could lift ETH to $3,300-3,400. Additionally, ETH has underperformed by 15% since the Bitcoin halving in April, suggesting that if it catches up, prices could surge 45-50%, potentially reaching $3,900-4,000.
Looking further ahead, the U.S. presidential election could be a major factor for ETH. A victory by Donald Trump might fuel a further rally, pushing prices to $4,500-5,000. Conversely, if Kamala Harris wins, market sentiment toward crypto could sour, leading to a 20-30% decline in ETH prices.
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