• Ether fell to 2224.74 earlier in the session, buyers emerged, sharp rally ensued

• Rally emerged as results of the US election filtered in; Ether cleared the 10-DMA

• USD, US yields fell after the election results, helped fule the rally

• Sharp gains in gold, silver, stocks also contributed to fuel Ether's rally

• Key 2402.00/2415.00 zone was broken, Ether hit a 13-session high of 2444.71

• Ether's price action has allowed techs to now take a more bullish lean

• RSIs are rising, daily RSI diverged on today's low, those indicate bulls gaining control

• Massive daily bull hammer candle formed, reinforces view bears are losing their grip

• 2520.00/2575.00 zone in focus; 50-DMA, series of daily highs sit in that area
eth

(Christopher Romano is a Reuters market analyst. The views expressed are his own)