Ethereum has demonstrated a remarkable strength in recent trade, forming a clear higher trend with higher and higher minimums while demanding the critical level of $ 2,550.
The price action shows a convincing rebound in the demand zone of $ 2,470- $ 2,495, although the technical indicators suggest caution as ETH approaches the significant resistance level of $ 2,800 in which the data of the chain reveals a cost cluster of the investors that could increase the sale pressure.
Global economic tensions and ongoing commercial disputes continue to show shadows on cryptographic markets, however, Ethereum’s resilience stands out in the midst of uncertainty.
TECHNICAL ANALYSIS
- ETH formed a clear higher trend with higher and higher minimums during the 24 -hour period, demonstrating a strong bullish impulse.
- Volume higher than the average during 10:00 p.m. and 00:00 hours supported the ETH advance of the previous resistance levels.
- An increase in remarkable volume of 178,236 units during the 07:00 hours coincided with ETH reaching its maximum of 24 hours of $ 2,597.
- The setback after $ 2,554 suggests a profit taking after the substantial rally, potentially establishing a consolidation phase.
- In the final time, ETH experienced significant volatility with a strong correction of 0.73% of $ 2.571.25 to $ 2,552.40.
- Dramatic price action between 13: 53-13: 55 he saw Eth fall to $ 2,545.12, accompanied by volume peaks greater than 10 times the average minute volume.
- A possible short -term support zone has been formed about $ 2,548, aligning with the largest support level of 24 hours to $ 2,550.
External references
- “Ethereum pricing analysis: ETH is prepared for a ‘healthy’ correction?”, Cryptopotato, published on May 25, 2025.
- “Ethereum (ETH) Price prediction for May 26: ETH slides below $ 2,500 as a decomposition of augmented bears pressure wedge”, currency edition, published on May 26, 2025.
- “Ethereum Price finds their balance: bulls prepare for another thrust,” Newsbtc, published on May 26, 2025.
- “Ethereum (ETH) Price prediction for May 27: Bulls point to $ 2,650 as a profit impulse”, coin edition, published on May 26, 2025.
