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๐ฃ Ethereum: Is the Long-Awaited Rebound Finally Underway? (Technical Analysis as of May 14, 2025).
While the crypto ecosystem is holding its breath, Ethereum (ETH) has been showing encouraging technical signs for several days, raising hopes of a sustainable rebound after months of sluggish market activity. According to the technical analysis as of May 14, 2025, the price of Ethereum, long stuck below the key resistance level of $3,500, has finally broken through this level with increasing trading volume, a signal often interpreted as a return of investor confidence.
Key indicators seem to confirm this momentum:
- The 50-day moving average** has crossed upwards with the 200-day moving average (golden cross), a classic bullish signal.
- The RSI (Relative Strength Index) has emerged from the oversold zone (30) and is stabilizing around 55, avoiding overheating.
- Trading volumes increased by 40% over 7 days, supporting the legitimacy of the rally.
However, analysts remain cautious. The next resistance level to watch is around $4,200, a level that has historically triggered massive profit-taking. A drop below $3,200 would invalidate the short-term trend, according to chartists.
Several fundamental factors could fuel this rebound: increased adoption of Ethereum 3.0 (advanced integration of ZK-Rollups), rumors of institutional buyouts, or renewed activity from major DeFi protocols like Uniswap or Aave. Conversely, regulatory tightening or geopolitical tensions could slow the momentum.
If buyers maintain the pressure, Ethereum could attempt to regain its all-time high (around $6,000), but caution remains advised in a still volatile market. The next few days will be decisive in confirming โ or refuting โ this optimistic scenario.
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