Ethereum Price Defies Gravity: The Unstoppable Rise of ETH Continues

May 12, 2025 04:00 am Cryptocurrency 188

Ethereum price started a fresh surge above the $2,350 zone. ETH is now up over 35% and consolidating gains near the $2,500 zone.

Ethereum started a fresh surge above the $2,350 resistance.

The price is trading above $2,400 and the 100-hourly Simple Moving Average.

There is a connecting bullish trend line forming with support at $2,480 on the hourly chart of ETH/USD (data feed via Kraken).

The pair could continue to move up if it breaks the $2,600 resistance level.

Ethereum Price Surges And Clears $2,500

Ethereum price remained supported and started a fresh increase above $2,200, beating Bitcoin. ETH gained pace for a move above the $2,350 resistance zone.

The bulls were able to push the price above the $2,500 resistance zone. The price gained over 35% and recently surpassed the $2,550 resistance zone. A high was formed at $2,606 and the price ..

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