As of May 29, 2025, Ethereum (ETH) is trading around $2,650, exhibiting a neutral to slightly bearish trend amid mixed technical signals and market sentiment.
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📊 Key Support and Resistance Levels
Support Zones:
$2,575–$2,600: This cluster is crucial for maintaining bullish momentum. A drop below this range could lead to further declines.
$2,475–$2,420: $ETH sustained close below $2,475 may invite pressure toward these levels.
$2,315: Represents a deeper support zone that could be tested if bearish pressure intensifies.
Resistance Zones:
$2,664: A clean break above this level could re-open upside potential toward $2,745 and possibly $2,800 if momentum returns.
$2,745–$2,800: $ETH Targets following a successful breach of $2,664, contingent on renewed buying interest.
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📈 Technical Indicators
Relative Strength Index (RSI): Currently at 42.54, indicating a cooling momentum but not yet oversold.
MACD: Displays a bearish crossover, suggesting potential for further downside unless reversed.
Bollinger Bands: Price is near the mid-band at $2,579, indicating a potential mean reversion point.
20/50 EMA: Neutral positioning at $2,602 and $2,569, respectively, suggesting a lack of clear trend direction.
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🔮 Price Predictions
Short-Term (Next 24–48 Hours): If ETH maintains support above $2,575, a retest of $2,664 is plausible. A breakout above this could target $2,745–$2,800. Conversely, a drop below $2,575 may lead to testing lower supports at $2,475 and $2,420.
End of May 2025: $ETH Predictions vary, with some models suggesting a potential decrease to around $2,259.65, while others anticipate stability near current levels.
Year-End 2025: Analysts forecast a wide range, with potential highs up to $4,905, depending on market conditions and institutional adoption.
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