Technical Analysis of Ethereum (May 11, 2025)
As of May 11, 2025, Ethereum is trading around $2,507.37, consolidating its position after surpassing the resistance at $2,150.
Technical indicators, such as the RSI at 70 and a positive MACD, suggest a continuation of the upward trend.
The trading volume has supported this movement, although it is wise to be alert to potential corrections towards $2,400 if buying pressure decreases.
Staying informed and applying appropriate risk management is essential in this context.