Close Menu
Altcoinvest
    What's Hot

    SEC Challenges ETF Status of Proposed Staked Solana and Ether Funds

    June 1, 2025

    Mo Shaikh & Avery Ching Turned a Meta Mess Into Aptos Magic

    June 1, 2025

    Build a Platform for Trading, Gaming & Earning

    June 1, 2025
    Facebook X (Twitter) Instagram
    Altcoinvest
    • Bitcoin
    • Altcoins
    • Exchanges
    • Youtube
    • Crypto Wallets
    • Learn Crypto
    • bitcoinBitcoin(BTC)$104,282.00-0.34%
    • ethereumEthereum(ETH)$2,520.330.52%
    • tetherTether(USDT)$1.000.00%
    • rippleXRP(XRP)$2.15-0.04%
    • binancecoinBNB(BNB)$653.750.20%
    • solanaSolana(SOL)$153.280.08%
    • usd-coinUSDC(USDC)$1.000.00%
    • dogecoinDogecoin(DOGE)$0.190656-0.41%
    • tronTRON(TRX)$0.267246-0.33%
    • cardanoCardano(ADA)$0.670.51%
    Altcoinvest
    Home»Crypto Wallets»Ethereum Price Fails to Break Through — What’s Holding It Back?
    Ethereum Price Fails to Break Through — What’s Holding It Back?
    Crypto Wallets

    Ethereum Price Fails to Break Through — What’s Holding It Back?

    May 19, 2025
    Share
    Facebook Twitter LinkedIn Pinterest Email

    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

    Strict editorial policy that focuses on accuracy, relevance, and impartiality

    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 price corrected gains and tested the $2,320 zone. ETH is now struggling and might decline toward the $2,220 support zone.

    • Ethereum started a correction from the $2,580 zone and tested $2,320.
    • The price is trading below $2,500 and the 100-hourly Simple Moving Average.
    • There is a connecting bearish trend line forming with resistance at $2,540 on the hourly chart of ETH/USD (data feed via Kraken).
    • The pair could gain strength if it clears the $2,550 resistance in the near term.

    Ethereum Price Dips Again

    Ethereum price struggled to clear the $2,520 resistance and started a downside correction, unlike Bitcoin. ETH traded below the $2,500 and $2,440 support levels.

    The bears were able to push the price below the 50% Fib retracement level of the upward move from the $2,308 swing low to the $2,509 high. The price even spiked below the $2,440 level, but the bulls were active near the $2,400 zone.

    The price is stable above the 61.8% Fib retracement level of the upward move from the $2,308 swing low to the $2,509 high. Ethereum price is now trading below $2,450 and the 100-hourly Simple Moving Average. There is also a connecting bearish trend line forming with resistance at $2,540 on the hourly chart of ETH/USD.

    If there is another increase, the price could face resistance near the $2,460 level. The next key resistance is near the $2,500 level. The first major resistance is near the $2,550 level and the trend line. A clear move above the $2,550 resistance might send the price toward the $2,580 resistance.

    Ethereum Price
    Source: ETHUSD on TradingView.com

    An upside break above the $2,580 resistance might call for more gains in the coming sessions. In the stated case, Ether could rise toward the $2,700 resistance zone or even $2,780 in the near term.

    Another Decline In ETH?

    If Ethereum fails to clear the $2,500 resistance, it could start a fresh decline. Initial support on the downside is near the $2,400 level. The first major support sits near the $2,350 zone.

    A clear move below the $2,350 support might push the price toward the $2,320 support. Any more losses might send the price toward the $2,220 support level in the near term. The next key support sits at $2,120.

    Technical Indicators

    Hourly MACD – The MACD for ETH/USD is gaining momentum in the bearish zone.

    Hourly RSI – The RSI for ETH/USD is now below the 50 zone.

    Major Support Level – $2,400

    Major Resistance Level – $2,500

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    Build a Platform for Trading, Gaming & Earning

    June 1, 2025

    What is Sahara AI Applications?

    May 29, 2025

    How to accept crypto donations for nonprofit and charity organizations – all you need to know!

    May 27, 2025

    Tron network strengthens global payment infrastructure as Bridge, a Stripe company, expands integration

    May 24, 2025
    Add A Comment

    Comments are closed.

    Tweets by InfoAltcoinvest

    Top Posts

    Build a Platform for Trading, Gaming & Earning

    June 1, 2025

    What is Sahara AI Applications?

    May 29, 2025

    How to accept crypto donations for nonprofit and charity organizations – all you need to know!

    May 27, 2025

    Trump’s World Liberty Financial Buys 200M WLFI Tokens

    February 18, 2025

    Web3 Gaming Expands with Peaky Blinders

    May 3, 2025

    Das Blockmagazin ist da! – Der Altcoinspekulant

    February 19, 2025

    Mobile App Change Log 7.5.0

    February 18, 2025

    Altcoinvest is a leading platform dedicated to providing the latest news and insights on the dynamic world of cryptocurrencies.

    We're social. Connect with us:

    Facebook X (Twitter)
    Top Insights

    SEC Challenges ETF Status of Proposed Staked Solana and Ether Funds

    June 1, 2025

    Mo Shaikh & Avery Ching Turned a Meta Mess Into Aptos Magic

    June 1, 2025

    Build a Platform for Trading, Gaming & Earning

    June 1, 2025
    Get Informed

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.


    Facebook X (Twitter)
    • Home
    • About us
    • Contact Us
    • Privacy Policy
    • Terms & Conditions
    © 2025 altcoinvest.com

    Type above and press Enter to search. Press Esc to cancel.