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As of May 14, 2025, $ETH (ETH) is trading at approximately $2,608.94, reflecting a 5.78% increase over the past 24 hours. The day's trading range has seen lows of $2,466.41 and highs of $BTC 2,709.34.
This rebound follows a recent dip to around $2,450, with ETH now consolidating near the $2,630 level.
Key Technical Levels to Watch:
Resistance Zone: 2,660–$2,700
Support Zone: $BTC 2,590–$2,550
Trading Strategy:
Bullish Scenario: A breakout above the $2,660–$2,700 resistance zone could signal a move toward $2,800 or higher.
Bearish Scenario: A drop below the $2,590–$2,550 support zone may introduce short-term selling pressure.
Recommendation: Wait for a clear breakout above resistance before entering new positions to avoid potential false signals.
For a visual representation and more detailed analysis, you can refer to the following resources:
Ethereum Technical Analysis on Binance Square
Ethereum Price Chart on TradingView