#ETHCrossed2500 Ethereum's current price is $2,488.80, which is close to but hasn't quite crossed the $2,500 mark yet. Here are some key stats¹:
- *Current Price*: $2,488.80
- *Market Cap*: $285.89 billion
- *Open Price*: $2,365.09
- *High Price*: $2,608.13
- *Low Price*: $2,355.01
- *Percent Change*: 5.23%
Analysts predict Ethereum's price could continue to rise, with potential targets including²:
- *Short-term*: $2,700, as part of a relief rally
- *Long-term*: New all-time highs are unlikely this cycle, but possible after a correction
Some factors influencing Ethereum's price include:
- *Pectra Upgrade*: Went live on the mainnet on May 7, potentially driving price increases
- *Market Sentiment*: Flipping bullish, with Ethereum outperforming Bitcoin
- *Technical Indicators*: RSI and MACD are close to flipping bullish, but need a price close above $2,200 to confirm the reversal