Momentum Builds Ahead Of Key Resistance Zones
From Yahoo Finance: 2025-05-15 13:50:00
Ethereum has surged over 48% in the last two weeks, up 7.40% in a day, outperforming Bitcoin. The rally started on April 9, with ETH consolidating before breaking out on May 8. Bulls are in control, watching key levels like support at 2406.55 and resistance at 2670 to 2800.
Traders are eyeing levels like 2867, 3070 to 3289, and the yearly open at 3336. Despite a potential retracement, Ethereum’s strength compared to Bitcoin is notable. Maintaining structure and support at 2406.55 keeps the outlook bullish, with focus on resistance zones for further upside or a pullback.