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Yahoo
6 days ago
- Business
- Yahoo
ETH Rebounds Sharply From Intraday Lows, Signals Bullish Shift as $2,500 Holds
Ethereum continues to demonstrate notable resilience amid growing economic headwinds, maintaining its footing above the $2,500 support level despite intensified market volatility. The asset rebounded sharply from $2,472.84 to a session high of $2,547.92, with price currently holding near $2,514. Technical momentum remains intact as higher lows persist, supported by strong demand around the $2,486-$2,490 zone. Trade tensions between the United States and China and the recent climb in US Treasury yields have weighed heavily on risk assets, but Ethereum has held up comparatively well. Meanwhile, spot ETF inflows have added a tailwind, with $3 billion in net investment over the past three weeks pointing to sustained institutional interest. While upside remains capped by resistance near $2,550, ETH's price action reflects solid buyer conviction amid macro uncertainty. Technical Analysis Highlights Ethereum exhibited a notable 24-hour range of $67.47 (2.72%), with price action marked by a mid-day recovery from $2,472.84 to a peak of $2,547.92. The asset established strong support at the $2,486–$2,490 zone, confirmed by above-average volume during the 03:00 hour. Resistance emerged near $2,540–$2,547, where consistent profit-taking capped further upside. A decisive bounce from the $2,488 level, backed by 172,137 ETH in volume, reinforced bullish momentum despite late-session consolidation. ETH surged from $2,506.05 to $2,515.16 in the final hour, forming a clear uptrend between 07:05–07:18 supported by strong volume (4,730 ETH). A pullback to $2,502.42 held firm, with bulls stepping in to defend the $2,504–$2,506 region and prevent a breakdown. The final minutes saw renewed strength, with ETH climbing back toward $2,514, highlighting ongoing buying interest despite earlier volatility. External References "Ethereum Price Analysis: Is ETH Dumping to $2K Next as Momentum Fades?", CryptoPotato, published May 31, 2025. "Ethereum Pulls Back 10% But Holds Monthly Gains – Is The Next Pump Loading?", NewsBTC, published June 1, 2025. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
01-06-2025
- Business
- Yahoo
ETH Price Dips Below $2,500 on Whale Exit Fears, Then Bounces Back Above Key Level
Ethereum (ETH) faced renewed downside pressure in late trading, tumbling below the $2,500 level as selling volume surged and broader risk sentiment weakened. Global trade tensions and renewed U.S. tariff risks have triggered risk-off flows, with digital assets increasingly mirroring traditional markets in their reaction to geopolitical uncertainty. On-chain data revealed sizable inflows to centralized exchanges — most notably 385,000 ETH to Binance —a dding to speculation that institutional players may be trimming positions. Although ETH has since recovered modestly to trade around $2,506, market observers are closely watching whether buyers can defend this level or if another leg lower is imminent. Technical Analysis Highlights ETH traded within a volatile $48.61 range (1.95%) between $2,551.09 and $2,499.09. Price action formed a bullish ascending channel before breaking down in the final hour. Heavy selling emerged near $2,550, with profit-taking accelerating into a sharp reversal. ETH dropped from $2,521.35 to $2,499.09 between 01:53 and 01:54, with combined volume exceeding 48,000 ETH across two minutes. Volume normalized shortly after, and price recovered slightly, consolidating around the $2,504–$2,508 band. The $2,500 level is now acting as interim support, though momentum remains fragile with signs of distribution still evident in recent volume patterns. External References "Ethereum Price Analysis: Is ETH Dumping to $2K Next as Momentum Fades?", CryptoPotato, published May 31, 2025. "Ethereum Bulls Defend Support – Key Indicator Hints At Short-Term Rally", NewsBTC, published May 31, 2025.
Yahoo
30-05-2025
- Business
- Yahoo
Ethereum Recovers Above $2,600 After Sharp Drop Triggers Heavy Trading
Ethereum price plummeted from 2724.737 to 2569.766, then recovered to 2621.656. Increased market volatility underscored by significant trading volume and bearish activity. A potential for further rise to $3000 supported by institutional interest and network improvements. Technical Analysis Highlights Price opened high at 2724.737 before a sharp decline. ETH/USD fell to a low of 2569.766, marking a 6% decrease. Recovery observed as the price closes near 2621.656. Short-term support identified around the 2570 level. Decline period marked by heightened trading volumes. Volatile trajectory noted with high at 2642.839 before session close. External References "Ethereum Market Outlook: Technical Indicators Signal Possible Continuation of Uptrend", NewsBTC, published May 29, 2025. "Analyst Predicts $3K Ethereum (ETH) Milestone in June", CryptoPotato, published May 29, 2025. "Ethereum Repeating Early 2024's Playbook – $3,800 Target In Sight?", NewsBTC, published May 30, 2205. "Ethereum Price Faces Mild Correction — Support Levels in Focus", NewsBTC, published May 30, 025. Sign in to access your portfolio
Yahoo
27-05-2025
- Business
- Yahoo
Ethereum Surges 4% on Massive Volume as Institutional Interest Grows
Ethereum ETH has staged an impressive recovery in the past 24 hours, climbing 3.8% amid significant market volatility. The second-largest cryptocurrency found solid support at $2,530, where exceptional trading volume (242,521 ETH) created a clear bottoming pattern. This was followed by a decisive breakout during the early trading hours, supported by massive volume surges exceeding 550,000 ETH that pushed prices above key resistance levels. The recent price action confirms a short-term trend reversal, with ETH now trading above $2,575 after establishing new local highs. Institutional interest remains robust, with spot Ethereum ETFs recording $248 million in total net inflows over the past week, suggesting growing confidence from larger investors despite relatively subdued retail participation. Market analysts point to the $2,800 level as a critical resistance zone where many investors who previously bought at that level may look to exit at break-even. However, with ETH breaking out of its recent consolidation pattern and the broader crypto market showing signs of strength, bulls are now targeting the $2,650-$2,745 range as the next significant hurdle. A clear bottoming pattern formed during the 01:00 hour with exceptionally high volume (242,521 ETH), establishing strong volume support. A decisive breakout occurred during the 06:00-07:00 hours with massive volume surges (553,348 ETH and 221,502 ETH respectively). The price action showed three distinct phases: initial consolidation (07:04-07:29), powerful breakout (07:30-07:32) with high volume spikes exceeding 7,000 ETH per minute, and sustained uptrend. The $2,600 level is now established as a new support zone with momentum indicators suggesting potential for further upside toward $2,650. High-volume support at $2,530 now serves as a critical floor for any retracements. This technical analysis was conducted according to CoinDesk s research model analysing CoinDesk Data Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk's full AI References Bitcoin Sistemi, Ethereum (ETH) Continues Bullish Momentum – What's Next? Here Are the Details, published May 26, 2025. CryptoPotato, Interesting Ethereum (ETH) Price Predictions as of Late, published May 26, 2025. CryptoPotato, Ethereum's (ETH) Quiet Rally – Where Are the Retail Investors?, published May 26, 2025. NewsBTC, Ethereum Above $2,500 – Here's Why Analysts Think $3,000 May Be Next, published May 27, 2025. CoinEdition, Ethereum Price Prediction for May 28, published May 27, 2025.
Yahoo
27-05-2025
- Business
- Yahoo
XRP Bounces Back as Bulls Defend Key Technical Support
Global economic tensions and trade disputes continue to influence cryptocurrency markets, with XRP demonstrating remarkable resilience despite recent capital outflows. The digital asset saw its market capitalization fluctuate from $137.5 billion to $133.39 billion before partially recovering to $135.86 billion, highlighting the ongoing volatility. Despite these challenges, XRP maintains position above critical technical support levels including the 50-day SMA at $2.26, suggesting underlying strength in its market structure. Technical Analysis Highlights Price range: XRP traded between $2.275 and $2.356, representing a 3.56% range over 24 hours. Volume support: Significant volume spike to 71.18M at the $2.275 level during the 01:00 hour on May 27. Consolidation pattern: Hours following the initial support showed price consolidation before renewed buying. Secondary volume surge: Another high-volume increase to 74.36M during the 13:00 hour pushed prices toward range highs. Key resistance: Established at $2.355-$2.356 level. Support zone: Strong support identified at $2.275-$2.290 range. Hourly volatility: Notable price surge from $2.330 to $2.356 between 13:08-13:18. Volume confirmation: Exceptional volume spike of 6.28M at 13:13 supported the rally. Correction support: Price found support at $2.324 around 13:51 before recovering. Bullish pattern: Formation of a channel pattern with higher lows suggesting continued positive momentum. External References "Possible Scenarios for XPR Once it Breaks Out of Consolidation: Ripple Price Analysis", CryptoPotato, published May 26, 2025. "XRP price prediction as over $4 billion outflows in a day", Finbold, published May 27, 2025. "XRP ($XRP) Price Prediction for May 28: Can Bulls Reclaim $2.32 After Prolonged Decline?", Coin Edition, published May 27, 2025. "XRP Price Prediction For May 27", CoinPedia, published May 27, 2025.
