#ETHCrossed2500
📈 Price development from May 4 to May 11, 2025
May 4, 2025: The closing price was approximately $1,809, with minor fluctuations in the previous days.
May 11, 2025: The price recorded a slight decrease of -4.05%, closing at $2,479.
🔍 Factors driving the increase
1. Technical breakout: Long-term downward trend lines were broken, leading to a price increase of 45% over three days, reaching a yearly high of $2,604 in 2025.
2. Increase in network activity: The number of active addresses rose by 15% on May 10, reflecting increased interaction with the network.
3. Surge in trading volume: The currency experienced an 18% increase in trading volume within 24 hours, indicating growing interest from investors.
🔮 Future predictions
Short-term: Technical analysis shows the price fluctuating between $2,550 and $2,599, with strong resistance at $2,600.
Medium-term: Predictions suggest the price could reach $4,000 in the coming days if the current upward momentum continues.
Long-term: Some analysts expect the price to reach $10,000 in the coming months, based on technical patterns and Ethereum's superiority over its competitors.