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Time Details
2025-05-30
12:39
Ethereum Price Analysis: ETH Holds Key Support at 0.023 and Eyes New Highs in 2025

According to Michaël van de Poppe (@CryptoMichNL), Ethereum (ETH) has demonstrated strong bullish momentum throughout April and May, sustaining its upward trajectory. The price recently retested the order block (OB) level at 0.023, which acted as a key support and successfully held, signaling robust buying interest at this zone (source: Twitter). This technical confirmation suggests that ETH is poised to challenge previous highs, potentially igniting further upside momentum. For traders, this support-resistance dynamic highlights a favorable risk-reward setup and signals continued positive sentiment in the altcoin market, which may also influence broader crypto market trends.

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