Market Cap: $3.2495T 2.580%
Volume(24h): $110.7413B -18.530%
  • Market Cap: $3.2495T 2.580%
  • Volume(24h): $110.7413B -18.530%
  • Fear & Greed Index:
  • Market Cap: $3.2495T 2.580%
Cryptos
Topics
Cryptospedia
News
CryptosTopics
Videos
Top News
Cryptos
Topics
Cryptospedia
News
CryptosTopics
Videos
bitcoin
bitcoin

$104654.464793 USD

2.47%

ethereum
ethereum

$2482.196122 USD

1.96%

tether
tether

$1.000892 USD

0.06%

xrp
xrp

$2.172204 USD

3.01%

bnb
bnb

$645.665986 USD

1.55%

solana
solana

$148.547704 USD

1.62%

usd-coin
usd-coin

$0.999890 USD

0.00%

dogecoin
dogecoin

$0.181008 USD

5.22%

tron
tron

$0.278244 USD

0.72%

cardano
cardano

$0.658362 USD

4.58%

hyperliquid
hyperliquid

$33.402451 USD

-1.57%

sui
sui

$3.243792 USD

9.23%

chainlink
chainlink

$13.703476 USD

4.93%

avalanche
avalanche

$19.876159 USD

5.04%

unus-sed-leo
unus-sed-leo

$8.988912 USD

2.86%

Cryptocurrency News Articles

Ethereum (ETH) Price Rises 56.76% in 30 Days, Breaks Crucial Resistance Levels and Patterns

May 14, 2025 at 08:48 pm

Ethereum price today is presently changing hands at $2,626.74, with a +4.45% intraday gain. That's not all, the price is up +43.01% over the past week

Ethereum (ETH) Price Rises 56.76% in 30 Days, Breaks Crucial Resistance Levels and Patterns

The price of Ethereum (ETH) has risen significantly in recent times, breaking through crucial resistance levels and patterns. As long-term holders accumulate more ETH and its open interest hits a record high, investors are becoming increasingly interested in the short-term movements of the crypto.

According to recent data from crypto analytics firm Glassnode, the flow of ETH into accumulation (or "hoddle") wallets has reached an "unreal" level. At press time, the total value of ETH flowing into these wallets stands at 64,100 ETH, or about $167.9 million.

Moreover, data from CoinGlass shows that the Open Interest (OI) of Ethereum in the derivatives market has climbed nearly 17% to hit a new all-time high (ATH) of $33.12 billion.

These developments suggest that investors are becoming increasingly bullish on the short-term prospects of ETH.

Its 200-day EMA is at $2,436, while the 50% Fib retracement is at $2,700. The trading volume in the last 24 hours has increased by 33.50% to $36.82 billion, and the market cap is at $316.95 billion.

As the chart shows, ETH has broken out of a falling channel pattern, which is another factor that could contribute to its short-term upside. The next pivotal resistance is at the $2,800 level, which could propel ETH to the $3,000 psychological barrier.

Disclaimer:info@kdj.com

The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!

If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.

Other articles published on Jun 07, 2025