#ETHCrossed2500

Let’s delve into the technical analysis and the impact of Ethereum (ETH) surpassing $2,500, incorporating the most recent data:

Current Price of Ethereum (ETH)

As of May 11, 2025, Ethereum is trading around $2,522.66 USD, with a 4.64% increase in the last 24 hours. The daily trading volume is approximately $31.77 billion, and the market capitalization stands at $304.37 billion.

Technical Analysis: ETH Surpassing $2,500

Resistance Turned Support: The $2,500 level, previously a significant resistance, now acts as support.

Moving Averages: $ETH is above the 50 and 200-day moving averages, indicating an upward trend.

Trading Volume: The increase in volume supports the strength of the upward movement.

Next Levels to Watch: If it maintains support at $2,500, the next resistance levels could be $2,700 and $2,900.