Ethereum (ETH): bullish rally and key levels as of 05/14/2025
Ethereum stands out today with a record trading volume (~$36.7 billion in 24h), following a rally that has taken it from ~$1,900 to ~$2,600 in two weeks. This momentum is reflected in a **weekly rise of +38.5%**, supported by reinforced market flows. The current price hovers around $2,588, remaining above key supports and with the bullish structure intact.
Supports: ~$2,400 (next pivot level). This floor coincides with the ascending 200d moving average, which supports the trend.
Resistances: between $2,740 and $3,746 (historical supply zone). A close above ~$2,705 would consolidate the advance (according to Binance) and pave the way towards recent highs.
Technical indicators: the daily RSI is at ~58 (market neither overbought nor oversold), while the 4h MACD has just crossed upwards. This, along with the strong increase in volumes (+154% in the week), suggests that buying pressure remains dominant. The 50d and 200d moving averages point upwards, confirming the underlying bullish structure.
⚠️ Key observations: If ETH manages to sustainably break the resistance of ~$2,705 (4h/daily close), we could see an extension of the rally towards $3,000; conversely, breaking the support at ~$2,400 ($2,407 in Cointribune analysis) could trigger deeper corrections. We recommend closely monitoring these levels and the evolution of the indicators (RSI/MACD) to confirm the next direction.
Disclaimer: The information here is merely referential and does not constitute financial advice. Investing in digital assets carries risks. Each investor should conduct their own analysis before acting.
Sources: Data from CoinGecko and CoinMarketCap; technical analysis from Cointribune and Binance.
