Here is an updated analysis of Ethereum (ETH) as of May 22, 2025, focusing on technical aspects and future expectations:
---
🔍 Current market situation
Current price: Ethereum is currently trading near the $2,535 level, after a slight increase of 1% during the previous day, supported by the "Pectra" update that improved transaction speed and reduced costs, which increased investor confidence.
Bullish flag pattern: Technical analyses indicate a breakout of the bullish flag pattern, which may drive the price towards $3,600 as an initial target, with the possibility of gains up to 45%.
Support and resistance: Strong support is noted at the $2,487 level, while $2,598, $2,666, and $2,794 levels represent potential resistance areas in the near term.
---
📉 Short-term expectations (until the end of May 2025)
Positive scenario: If the price maintains trading above $2,650, it may target levels between $2,800 and $2,900.
Negative scenario: If support breaks at $2,500, the price may head towards $2,263, representing a decline of 11.76% from the current price.
---
📈 Medium to long-term expectations
Overview: Price expectations for Ethereum in May 2025 range between $2,400 and $2,900, depending on market dynamics and investor confidence.
"Pectra" update: This is considered the largest update since "The Merge" in 2022, as it improved user experience and scalability, which may support the upward momentum of the currency.
---
📌 Summary
Ethereum shows positive signals in the short term, supported by technical improvements and increased investor confidence. However, key support and resistance levels should be monitored, as breaking any of them may change the market direction. Continuous monitoring of technical and fundamental updates is advised for informed investment decisions.
#BinanceAlphaAlert #BinancelaunchpoolHuma #DinnerWithTrump
