Ethereum has shown noticeable strength in recent trading, creating a clear uptrend with higher lowers and higher highs, regaining a key pivot level of $2,550.
Price action shows a compelling rebound from the demand zone between $2,470 and $2,495, but technical indicators suggest caution as ETH approaches a substantial $2,800 resistance level that reveals investor cost-based clusters where on-chain data could increase sales pressure.
Global economic tensions and ongoing trade disputes continue to cast a shadow over the crypto market, but Ethereum’s resilience stands out amidst uncertainty.
Technical Analysis Highlights
- ETH showed strong bullish momentum, forming clear uptrends with higher lower and higher values over a 24-hour period.
- Above average amounts of 22:00 and 00:00 hours supported breakthroughs in previous resistance levels of ETH.
- The notable volume spikes of 178,236 units within the 7:00 hour coincided with the ETH reaching $2,597 in height for a 24 hour period.
- A subsequent pullback to $2,554 could propose substantial post-race benefits and set up a consolidation phase.
- In the final time, ETH experienced significant volatility with a sudden 0.73% correction from $2,571.25 to $2,552.40 to $2,552.40.
- Dramatic price action between 13:53-13:55 caused the ETH to plummet to $2,545.12.
- The potential short-term support zone is formed at nearly $2,548 and is in line with a wider 24-hour support level of $2,550.
External reference
- “Ethereum Price Analysis: Is ETH prepared for a ‘healthy’ correction? ”, Cryptopotato, published on May 25, 2025.
- “Ethereum (ETH) Price Forecast for May 26: ETH falls below $2,500 for Bears Pressure Rising Rising Wedge Breakdown,” Coin Edition released on May 26, 2025.
- “Ethereum prices find that scaffolding. The Bulls prepare for another push,” NewsBTC, published May 26, 2025.
- “Ethereum (ETH) Price Forecast for May 27: The Bulls are aiming for $2,650 as the breakout gains momentum,” Coin Edition, released May 26, 2025.