Fun

Ethereum Consolidates Above $2,500 While BTC Leads the Charge – Key Levels To Watch

News Feed - 2025-05-23 05:05:12

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español.


Ethereum is gaining momentum as optimism returns to the crypto market. With Bitcoin officially entering price discovery and surging past its all-time highs, attention is turning toward ETH, which is now testing critical resistance levels. Ethereum has gained over 55% since early May, riding the wave of broader market strength and renewed investor confidence. However, despite the impressive recovery, ETH still lags behind Bitcoin’s pace and has yet to reclaim its 2021 highs. Related Reading Litecoin Eyes $117.50 As Price Rebounds From Key Support – Analyst 1 day ago


Top analyst Daan shared a technical view highlighting that Ethereum has been chopping around the $2,400–$2,600 zone since its explosive move earlier this month. This range-bound price action signals indecision, as buyers remain active but haven’t yet triggered a breakout. Daan notes that although Bitcoin is showing strong leadership with its push into new highs, Ethereum’s performance in this phase has been more muted.


Still, the setup remains constructive for bulls. The $2,400 level has acted as solid support, while resistance above $2,800 remains the next target to clear for continuation. As Bitcoin continues to lead, ETH could be next in line to surge—if it can escape this range and follow BTC’s lead into a new leg higher. All eyes are now on Ethereum’s next move. Ethereum Prepares For A Breakout As Altcoins Enter The Spotlight


As Bitcoin surged to a new all-time high above $111K, the broader crypto market appears to be entering a fresh phase of momentum, one that could drive massive gains across altcoins. Among them, Ethereum remains in a critical position. While ETH hasn’t followed BTC’s breakout just yet, it’s holding firmly above support and showing signs of building strength. To confirm a bullish continuation, ETH needs to break decisively above resistance and lead the altcoin rally.


Daan shared a technical view highlighting that ETH has been consolidating between the $2,400 and $2,600 levels since its last squeeze higher. Despite Bitcoin’s explosive move, Ethereum is once again lagging, a dynamic that’s been reflected in a cooling ETH/BTC ratio. This underperformance has sparked debate among traders, with many waiting for ETH to catch up and drive the next altseason. Ethereum “chopping around” the $2,400-$2,600 levels | Source: Daan on X


Daan emphasized that the $2,500 zone has been well-defended by bulls, but ETH has yet to produce a convincing breakout. The key resistance level to watch is $2,850—clearing it would mark a technical shift toward higher highs. On the flip side, if ETH falls below $2,100, it could trigger a broader pullback. For now, ETH remains range-bound but poised, with market sentiment growing more optimistic by the day. Related Reading Solana Multi-Year Uptrend Holds Strong – Analyst Sees SOL Breaking ATH This Year 1 day ago ETH Tests Critical Price Levels


Ethereum is showing signs of renewed strength on the 4-hour chart, trading around $2,668 at the time of writing. After weeks of consolidation in the $2,400–$2,600 range, ETH has pushed toward the upper boundary of this zone, hinting at a possible breakout. The recent bounce from support around $2,450 has been strong, with consecutive green candles and rising volume signaling increasing bullish momentum. ETH testing local highs | Source: ETHUSDT chart on TradingView


The 200-period SMA and EMA, currently at $2,077 and $2,1,99 respectively, are well below the current price, confirming a bullish market structure. ETH has held above both moving averages since early May, and the current price action appears to be building up pressure for a decisive move. Related Reading Dogecoin Momentum Fades – Analyst Expects $0.213 Retest 1 day ago


However, ETH must now break above $2,700 convincingly to confirm a breakout and signal a continuation toward higher resistance at $2,850 and beyond. This level has been tested multiple times, but sellers continue to defend it. A breakout could trigger a rapid move to $3,000, while failure to hold current levels could drag ETH back toward its previous support.


Featured image from Dall-E, chart from TradingView

News Feed

Arijit Sarkar3 hours agoBinance to launch Thai exchange in joint venture with local energy giantCrypto services from Binance and Gulf Energy’s joint venture, Gulf Binance, will initially be available to Thai residents
Biggest Movers: SOL Rebounds From 2-Month Low to Start the Weekend
Biggest Movers: SOL Rebounds From 2-Month Low to Start the Weekend Solana rebounded from a two-month low to start the weekend, as bulls reentered the market to buy the recent dip.
MetaMask unveils new toolkit to streamline Web3, user onboarding
Josh O"Sullivan1 hour agoMetaMask unveils new toolkit to streamline Web3, user onboardingConsensys introduces a game-changing toolkit at EthCC, streamlining decentralized app development and enhancing Web3 user engagemen
NFTs fall as ETH rises, Readyverse debuts metaverse game trailer: Nifty Newsletter
Ezra Reguerra5 hours agoNFTs fall as ETH rises, Readyverse debuts metaverse game trailer: Nifty NewsletterReadyverse Studios, a project co-founded by the author and producer of the hit film Ready Player One, released a t
Retail Giant Walmart Outlines Crypto Strategy — Executive Foresees a Lot of Disruption in Payment Options
Retail Giant Walmart Outlines Crypto Strategy — Executive Foresees a Lot of Disruption in Payment Options Walmart’s global chief technology officer has revealed crypto̵
Hong Kong targets noncompliant crypto exchanges in licensing push
Pradipta Mukherjee11 hours agoHong Kong targets noncompliant crypto exchanges in licensing pushHong Kong’s SFC finds deficiencies in some “deemed-to-be-licensed” crypto exchanges, risking their licensing status ami
Brayden Lindrea5 hours agoXRP ruling a ‘watershed moment,’ but we’re not out of the woods yet — LawyersThe crypto community has gathered to celebrate the recent ruling on XRP’s security status, but lawyers warn
Biggest Movers: AVAX, SOL Slip by 14% on Wednesday, as Prices Near 1-Week Low
Biggest Movers: AVAX, SOL Slip by 14% on Wednesday, as Prices Near 1-Week Low SOL was down by as much as 14% on Wednesday, as prices fell close to a one-week low earlier today. In
Elon Musk Asks Judge to Dismiss $258B Dogecoin Lawsuit — Insists Tweeting Support for DOGE Isn’t Unlawful
Elon Musk Asks Judge to Dismiss $258B Dogecoin Lawsuit — Insists Tweeting Support for DOGE Isn"t Unlawful Tesla and Twitter CEO Elon Musk has asked a U.S. judge to dismiss a $258
Tornado Cash developer guilty of money laundering
Zoltan Vardai12 hours agoTornado Cash developer guilty of money launderingPertsev has been under arrest in the Netherlands since August 2022 after the United States government blacklisted Tornado Cash.1770 Total views10
Rakesh Upadhyay7 hours agoPrice analysis 9/20: BTC, ETH, BNB, XRP, ADA, DOGE, SOL, TON, DOT, MATICBitcoin and other cryptocurrencies are likely to witness a pick up in volatility following the Fed’s rate decision on Se
Galaxy launches $113M crypto fund, Nansen launches Ether ETF dashboard: Finance Redefined
Zoltan Vardai4 hours agoGalaxy launches $113M crypto fund, Nansen launches Ether ETF dashboard: Finance RedefinedGalaxy launched a $113 million crypto fund on the week of the debut of the first spot Ether ETFs in the US.