Ethereum’s price has climbed 50% in the past 15 days, with analysts stating that breaking past $2,900 is crucial for a sustained uptrend.
Ethereum ETH $4 517 24h volatility: 0.8% Market cap: $545.25 B Vol. 24h: $39.67 B price has been showing major strength recently, rising to the crucial resistance of $2,700, with a massive 50% upside in the last 15 days.
However, the altcoin is encountering significant resistance at this level and must break through it with strong trading volumes to confirm the uptrend.
Although on-chain metrics indicate underlying strength, Ethereum bulls need to surpass the “Active Realized Price” of $2,900 to secure a sustained rally toward all-time highs.
Ethereum Price Analysis: Key Metrics Indicate Bullish Momentum
On-chain analytics firm Glassnode has highlighted significant milestones for Ethereum (ETH) as the cryptocurrency continues to show bullish momentum.
In May, ETH climbed past its Realized Price of $1,900, signaling a return to profitability for the average holder. The current price has also surpassed the True Market Mean of $2,400, which Glassnode views as a bullish indicator for the asset.
However, analysts suggest that reclaiming the Active Realized Price at $2,900 is essential to solidify investor confidence and sustain the upward trajectory. This level represents the average acquisition price of the most active participants in the Ethereum market.
In May, $ETH broke above its Realized Price at $1.9K, putting the average holder back in profit. Price is now above the True Market Mean ($2.4K), a bullish sign – but reclaiming the Active Realized Price at $2.9K remains key for further confidence: https://t.co/EdqeH4GGXO pic.twitter.com/BHEN9Mgdfs
— glassnode (@glassnode) May 23, 2025
As of press time, ETH price is facing some selling pressure down 2.5%, slipping under $2,600 level, with a 25% drop in daily trading volumes. This sudden selling pressure is felt across the broader crypto market as Trump threatens to impose a 50% tariff on the EU starting June 1. The announcement has once again rattled the global crypto landscape.
Prominent crypto analyst Ali Martinez has identified a robust support level for Ethereum at $2,370. In a recent update, Martinez noted the absence of major resistance barriers above this level, suggesting potential for further upward momentum.
#Ethereum $ETH has built a solid support floor at $2,370, with no significant resistance walls ahead! pic.twitter.com/E67jeybl6e
— Ali (@ali_charts) May 22, 2025
Ethereum ETF Inflows Pick Up Pace Again
Inflows into the spot Ethereum ETF have picked up pace once again, netting up a total of $110 million on Thursday. The biggest contribution came from Grayscale’s ETHE, which saw $43.7 million in inflows, followed by Fidelity’s FETH, which saw $42.2 million in inflows, and Grayscale mini-Ether ETF, which saw $18.7 million in inflows.
On the other hand, the U.S. Securities and Exchange Commission (SEC) has postponed its decision regarding 21Shares’ proposal to integrate staking services into its spot Ethereum ETF. The delay signals continued regulatory scrutiny over innovations in cryptocurrency investment products.
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Mind of Pepe Presale Explodes with Only 7 Days Left to Join
Ethereum’s rise is driving an altcoin rally and putting the spotlight on Mind of Pepe ($MIND), a new Ethereum-based meme coin with a unique twist. Unlike most meme tokens, MIND offers real-world utility through a self-learning AI agent that provides exclusive market insights.
Innovative Tokenomics and Presale Success
Mind of Pepe’s ERC-20 token, MIND, is in presale and offers users access to an advanced AI dashboard, early token opportunities, and governance participation. The project has raised $10 million, attracting long-term investors with a 227% annual staking yield. With the mainnet launch approaching, billions of MIND tokens are already locked in.
Key Presale Highlights:
- Token Price: $0.0037515
- Funds Raised: $10 million
- Accepted Payments: ETH, USDT
- Ticker: MIND
Blockchain: Ethereum
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