$ETH

Ethereum (ETH) Analysis 2025/5/13

The current price of ETH is $2462, showing a slight decline over the past 24 hours, amid a clear volatility in the cryptocurrency market. After failing to hold above the $2,500 level, the price began to retreat with a noticeable weakness in buying momentum.

Technical Analysis:

Nearest support: $2,420 then $2,350

Nearest resistance: $2,500 then $2,570

RSI (14): is moving near level 44, indicating a moderate downward bias without reaching oversold territories.

50-day moving average: the price is moving below it, reflecting ongoing selling pressure in the short term.

MACD: shows a negative crossover, supporting the continuation of weakness in the trend.

Direction probabilities today:

Most likely scenario: continuing to fluctuate between $2,420 and $2,500 – (60% probability)

Limited upward scenario: a technical rebound towards $2,500 if momentum indicators improve – (25% probability)

Deeper downward scenario: breaking $2,420 could push towards $2,350 or even $2,280 – (15% probability)

Overall outlook: the general trend leans downwards in the short term, although potential technical rebounds are likely if the price maintains support above $2,420. Traders are advised to exercise caution and activate stop-loss orders, and to monitor trading volume near pivotal levels.