As of May 31, 2025, Ethereum $ETH is trading at approximately $2,519.85, reflecting a 24-hour decline of about 3.9%.
In the next 24 hours, Ethereum’s price movement is expected to remain within a narrow range, with potential fluctuations between $2,490 and $2,530. Technical indicators suggest a neutral to slightly bullish sentiment. The Relative Strength Index (RSI) stands at 53.46, indicating that ETH is neither overbought nor oversold. The Moving Average Convergence Divergence (MACD) histogram is currently negative, suggesting limited momentum in either direction.
👉🏻 Key support and resistance
levels to watch are $2,455 and $2,585, respectively. A break above the resistance could signal a bullish trend, while a drop below the support may indicate further downside risk.
Recent developments, such as the Pectra upgrade, have improved $ETH Ethereum’s scalability and efficiency, potentially influencing its price positively in the longer term.
📝 Please note
that #cryptocurrency markets are highly volatile, and short-term price predictions are subject to rapid changes due to market dynamics and external factors.
The 24-hour trading volume for #Ethereum is approximately $22.86 billion, accounting for about 16.94% of the total cryptocurrency market’s trading volume during this period.