Ethereum Next Movement $ETH
🔍 Current Snapshot (as of 2025/05/25)
Price: $2,517.95
24h Change: -1.19%
Volume (24h): 292.86K ETH
MA(7): 2549.00
MA(25): 2924.31
MA(99): 2069.73
📈 Technical Observations
Price vs. Moving Averages:
ETH is below MA(25) but above MA(7) and MA(99).
Suggests short-term weakness but still in a broader recovery zone since it’s above the long-term MA(99).
Volume:
Recent volumes are decreasing slightly—typical before a larger move (either breakout or breakdown).
Candlestick Structure:
Current daily candle has a long upper wick, showing rejection around the $2,540–2,560 zone.
Could signal short-term bearish pressure or consolidation.
Support & Resistance Levels:
Support: $2,470 (recent low) and then stronger at ~$2,400.
Resistance: $2,575–2,600 (today’s high and psychological zone).
📉 Short-Term Prediction (Next 1–3 Days)
Given rejection from $2,540+, and slowing momentum:
Likely movement: Sideways to Slightly Bearish
Potential retest of support near $2,470–2,450.
If this support fails, the next key level is around $2,400.
📊 Bullish Scenario
If ETH closes above $2,575 with high volume, it could break out toward:
Next resistance zone: $2,650–2,700.
✅ Recommendation
Watch $2,470 support closely.
A break below that could suggest a move to $2,400.
A strong close above $2,575 could reinitiate a bullish trend.