Ethereum has shown a remarkable strength in recent trade and formed a clear increase with higher low and higher heights, while the critical $ 2,550 rotary levels regain.
Price action shows a convincing rebound from $ 2,470- $ 2,495 demand zone, although technical indicators suggest caution as ETH is approaching the significant $ 2,800 resistance level, with data on-chain revealing a cluster of investor cost base that can increase sales pressure.
Global economic tensions and ongoing trade spells continue to cast shadows over crypto markets, but Ethereum’s resilience stands out in the midst of uncertainty.
Technical analysis highlights
- ETH formed a clear increase with higher low and higher heights during the 24-hour period, demonstrating strong bullish momentum.
- Over-average volume over 22:00 and 00:00 hours supported ETH’s breakthrough of previous resistance levels.
- A remarkable volume of 178,236 units within 07:00 hours fell by ETH that reached its 24-hour height of $ 2,597.
- The subsequent withdrawal to $ 2,554 suggests profits after the significant rally that potentially creates a consolidation phase.
- In the last hour, ETH experienced considerable volatility with a sharp correction 0.73% from $ 2,571.25 to $ 2,552.40.
- Dramatic price action between 13: 53-13: 55 then eth plum to $ 2,545.12, accompanied by volume tips exceeding 10x the average minute volume.
- A potential short-term support zone has formed nearly $ 2,548, which adapts to the wider 24-hour support level to $ 2,550.
External references
- “Ethereum -Price Analysis: Is ETH primed for a ‘healthy’ correction?”, Cryptopotato, published May 25, 2025.
- “Ethereum (ETH) Price Forest for May 26: ETH Slides under $ 2,500 when Bears Pressure Rising Wedge Breakdown”, Coin Edition, published May 26, 2025.
- “Ethereum Price finds his foot: Bulls is preparing for another push,” NewsBTC, published May 26, 2025.
- “Ethereum (ETH) Price Forest for May 27: Bulls aims at $ 2,650, Da Breakout Gains Momentum”, Coin Edition, published May 26, 2025.