Ethereum Breaks Above $2,600 Mark with Strong Daily Gains
As of May 13, 2025, 17:02 PM (UTC), Ethereum (ETH) has surged past the $2,600 threshold, trading at approximately $2,600.44 USDT, according to Binance market data. This marks a notable 4.08% increase over the past 24 hours, reflecting renewed investor confidence and bullish sentiment across the broader crypto market. Analysts are watching closely to see if Ethereum can maintain momentum and test higher resistance levels in the coming days.
$TRUMP has faced a sharp rejection at the $15.31 resistance level and is currently trading near $12.59. A strong bearish engulfing candle has formed on the 4-hour chart, suggesting a potential momentum breakdown. After multiple failed attempts to break resistance, sellers appear to be gaining control. Key support lies at $12.30, while resistance remains around $13.80.