$ETH

As of May 16, 2025, Ethereum (ETH) is trading at approximately \$2,594, reflecting a modest 0.67% increase in the past 24 hours. The cryptocurrency has experienced a 58% surge over the past month, indicating strong investor confidence. However, recent selling pressure has led to a slight pullback from its recent high of \$2,736. Key support levels are identified at \$2,500 and \$2,385, while resistance is observed around \$2,710. Analysts suggest that maintaining support above \$2,560 could pave the way for another rally towards the \$2,700–\$2,745 range. Despite short-term volatility, Ethereum's long-term outlook remains bullish, with potential targets above \$3,000.