$ETH Market Watch – Powered by Binance | May 23, 2025
Ethereum (ETH) is showing signs of strength as bulls attempt to reclaim momentum.
Market Snapshot:
Current Price: $3,110
24H Change: +1.4%
24H Volume (on Binance): $2.1B
Support Level: $3,050
Resistance Level: $3,180
What’s Moving ETH?
Increased activity on Ethereum Layer 2 networks post-Dencun upgrade
Rising on-chain volume and steady gas fee normalization
Institutional interest resurging via ETH-based ETFs discussions
Technical Outlook:
$ETH is trading above its 50-day EMA. A clean breakout above $3,180 could open the path toward $3,300.
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