#ETHCrossed2500 Ethereum (ETH) Price Analysis – May 11, 2025
Current Price: $2,581.01
Change: +10.5%
Technical Overview
Support Levels: $2,400 and $2,200
Resistance Levels: $2,600 and $2,800
Key Indicators
RSI: 65.4 – Getting close to the overbought zone, so a short-term pullback is possible.
MACD: Bullish crossover – This supports the current uptrend.
50-Day Moving Average: $2,350
200-Day Moving Average: $2,000
Price Targets
Short-Term Target: $2,600
Medium-Term Target: $2,800
Summary
Ethereum is showing strong upward momentum and has recently moved above the $2,500 mark. This breakout suggests more room for growth. However, since the RSI is nearing the overbought area, some price correction might happen soon. Watch the support zones at $2,400 and $2,200 as possible buying opportunities.
Note: This is not financial advice. Always do your own research before investing.
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