Ethereum
organized an impressive recovery in the last 24 hours, climbing 3.8% in a case of significant volatility on the market. The second largest cryptocurrency found a solid support at $ 2,530, where an exceptional trading volume (242,521 ETH) has created a clear Bothing pattern.
This was followed by a decisive escape during the first hours of negotiation, supported by overvoltages of massive volume greater than 550,000 ETH which pushed the prices above key resistance levels.
The recent price action confirms a short -term trend reversal, ETH now trading more than $ 2,575 after establishing new local heights. The institutional interests remain robust, with ETFE ETHEREUMS recording 248 million dollars at net entries during last week, suggesting growing confidence of greater investors despite participation in relatively moderate detail.
Market analysts indicate that the level of $ 2,800 as a critical resistance zone where many investors who previously bought at this level can seek to get out of the profitability threshold. However, with ETH which came out of its recent consolidation model and the wider cryptography market showing signs of strength, the bulls now target the range of $ 2,650 to $ 2,745 as the next important obstacle.
Technical analysis
- A clear BOTHING scheme formed in 01:00 with an exceptionally high volume (242,521 ETH), establishing high volume support.
- A decisive escape occurred during the hours of 06: 00-07: 00 with massive volume overvoltages (553,348 ETH and 221,502 ETH respectively).
- The price action has shown three distinct phases: initial consolidation (07: 04-07: 29), a powerful rupture (07: 30-07: 32) with high volume tips exceeding 7,000 ETH per minute and a sustained upward trend.
- The level of $ 2,600 is now established as a new support area with Momentum indicators suggesting potential for more increases around $ 2,650.
- The high volume support at $ 2,530 is now a critical floor for all retractions.
This technical analysis was carried out according to the Coindesk search model analyzing Coindesk data
Warning: Parties of this article were generated with the help of AI tools and examined by our editorial team to guarantee accuracy and membership of our standards. For more information, see the complete Coindesk AI policy.
External references
- Bitcoin Sistemi, Ethereum (ETH) continues a bullish momentum – What is the next step? Here are the detailsPosted on May 26, 2025.
- Cryptopote, Prix predictions Ethereum (ETH) recentlyPosted on May 26, 2025.
- Cryptopote, Calm rally of Ethereum (ETH) – where are retail investors?Posted on May 26, 2025.
- Newsbtc, Ethereum above $ 2,500 – this is why analysts think that $ 3,000 could be nextPosted on May 27, 2025.
- Wave, Prix prediction Ethereum for May 28Posted on May 27, 2025.
