Ethereum Price Prediction: ETH Battles 100-Day MA as $2K Support Holds the Key
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Ethereum (ETH) is trading at $2,120 as the final week of May begins, caught in a tug-of-war around the 100-day moving average which has defined this correction cycle. ETH briefly reclaimed the 100-day MA in late April but surrendered it during the May breakdown and now sits just below, signaling continued downside pressure and uncertainty for token performance and DeFi market sentiment.
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Ethereum is trading at $2,120 as the final week of May begins, caught in a tug-of-war with the 100-day MA that encapsulates everything frustrating about this cycle.
Having briefly reclaimed the moving average in late April for the first time since the correction began, ETH surrendered it again during the May breakdown and is now trading just below it.
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$ 1.80K
+0.30%
$ 1.80K
+0.19%Predictions Markets
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In This News
Coins
$ 1.80K
+0.30%$ 1.80K
+0.19%Predictions Markets
See what traders are focused on
Share:
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Ethereum Price Analysis: ETH Faces a Crucial Test After Latest Rebound
