Ethereum (ETH) prices have skyrocketed strongly in the last 24 hours, surpassing the $2,600 mark with a noticeable momentum. The second largest cryptocurrency by market capitalization has surpassed 60% in the last 30 days. This performance places ETH as the leading Altcoin among the top five cryptocurrencies.
The ether leaps higher after spending a short time on integration. Over the past seven days, ETH has advanced by more than 5%. As current purchase pressures continue, Ethereum prices can quickly test psychological price points of $3,000.
BTCSol, and XRP continue to move upward over the weekend. Over $111,000, BTC can help strengthen market trust. Sol XRP holds major support points, and the current price rise suggests that Sol could reach $200 and XRP could reach $3 in the next trading session.
Ethereum Price Breakout is aiming for a $3,000 rally.
Crypto analysts have discovered that Ethereum (ETH) is watching a bullish pennant breakout confirmed on the 4-hour chart. ETH formed a clear breakout by leaving recent integration and violating resistance. The setup follows a similar pattern to previous profits in the Altcoin market.
The chart suggests that Ethereum prices could rise from $2,900 to $3,000 in the coming days. The positive trend is consistent with what the technical indicators show as ETH approaches resistance. It continues upward thanks to a constant amount of mass and pattern confirmation.
$ETH bullish pennant breakout takes place in a 4H time frame
The next target is 2900-3000 $$#eth #ethusdt #ethereum pic.twitter.com/51y4g1knav
– Zayk Charts (@zaykcharts) May 22, 2025
ETH Price Breakout: $3K Next Goal?
As of Friday, May 23rd ETH Price It was $2,654 after a surge of over 12% over the last 24 hours.
Ethereum prices passed large resistance at $2,500 and were able to rise above $2,650. The Bulls are steadily following the four-hour chart after steadily growing from the $2,400 level.
Technical indicators confirm this upward trend. The relative strength index (RSI) is held at 58, indicating an increase in purchasing rights without reaching the conditions for overbuying.
Meanwhile, the MACD line remains above the signal line, with positive divergence and 8.76 histogram reading to signal the intensity.
Source: TradingView
There are clear indications that bulls are dominated, prices are rising above local peaks, with support at $2,500 and $2,400. If Ethereum prices exceed $2,800, it could retest the $3,000 mark, representing a 12% increase from the current price.