$ETH
On May 28, 2025
The price of Ethereum (ETH) shows positive performance, currently trading around $2,670, with a 4.96% increase over the past week.
Current Technical Analysis
Overall Trend: Ethereum displays an upward pattern within a rising triangle formation, indicating the potential for continued upward momentum.
Support and Resistance Levels:
Support: ranges between $2,485 and $2,600.
Resistance: ranges between $2,700 and $2,805. Breaking this level may confirm the continuation of the upward trend.
Technical Indicators:
RSI: indicates a neutral state, suggesting a balance between buying and selling forces.
MACD: gives a buy signal, supporting positive expectations.
ADX: shows weakness in the trend, indicating the possibility of volatility in the short term.
In the short term: If Ethereum manages to break the $2,805 level, it may target levels of $3,185 in the coming weeks.
