$ETH On May 16, 2025, Ethereum (ETH) is trading around $2,596.99, with an intraday variation of +$66.35 (+2.62%). The price has fluctuated between $2,496.89 and $2,631.38 during the day.

🔍 Trends and Outlook

Recent Rally: ETH has experienced a significant increase, rising over 43% between May 7 and May 14, surpassing the $2,600 mark.

Technical Factors: The $2,500 level currently acts as a key support. Resistance is observed around $2,870, which could lead to selling pressure if the price reaches this threshold.

Forecast: If the bullish momentum continues, ETH could target $3,000 in the coming months, with projections reaching up to $4,000 by the end of the year.