Ethereum Surges 8.2% Amid Market Rally, Breaks Key Resistance Levels

May 27, 2025
Ethereum Surges 8.2% Amid Market Rally, Breaks Key Resistance Levels
  • On May 27, 2025, Ethereum (ETH) experienced a significant rally, rising over 8.2% from a low of $3,450 to a high of $3,735.

  • Trading volume for ETH surged by 35%, with over $18 billion traded across major exchanges such as Binance, Coinbase, and Kraken.

  • In the last 24 hours, trading volume reached 5.2 million ETH, marking a 40% increase from the previous day and indicating heightened market activity.

  • This price increase followed weeks of bearish sentiment driven by concerns over network scalability and high gas fees.

  • Technically, ETH broke above the 50-day moving average at $3,620, with the Relative Strength Index (RSI) at 68, suggesting potential for further upside.

  • Bitcoin (BTC) also saw a rise of 5.1%, reaching approximately $67,800, highlighting a strong correlation between ETH and BTC.

  • The ETH/BTC trading pair gained 3.1%, indicating ETH's relative strength against Bitcoin, while altcoins like Polygon (MATIC) and Arbitrum (ARB) also posted gains.

  • Ethereum ETF inflows totaled $35 million, reflecting growing institutional confidence in the cryptocurrency.

  • On-chain metrics revealed a 12% increase in Ethereum's daily active addresses, surpassing 550,000, which indicates growing network usage.

  • Liquidations in ETH futures contracts exceeded $120 million, catching many short-sellers off guard.

  • Crypto influencer Crypto Rover highlighted this unexpected rebound on social media, coinciding with a broader recovery in the cryptocurrency market.

  • The S&P 500 index rose by 1.2%, reflecting a risk-on sentiment among investors, which positively influenced crypto-related stocks like Coinbase Global (COIN) that gained 2.8%.

Summary based on 1 source


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