🎉 Gate Square Growth Points Summer Lucky Draw Round 1️⃣ 2️⃣ Is Live!
🎁 Prize pool over $10,000! Win Huawei Mate Tri-fold Phone, F1 Red Bull Racing Car Model, exclusive Gate merch, popular tokens & more!
Try your luck now 👉 https://www.gate.com/activities/pointprize?now_period=12
How to earn Growth Points fast?
1️⃣ Go to [Square], tap the icon next to your avatar to enter [Community Center]
2️⃣ Complete daily tasks like posting, commenting, liking, and chatting to earn points
100% chance to win — prizes guaranteed! Come and draw now!
Event ends: August 9, 16:00 UTC
More details: https://www
#ETH#
Current Price and Performance:
* As of now (May 20, 2025), Ethereum's current price is around 2,475 - 2,500 USD.
* Ethereum's price has increased by +6.88% to +7.02% in the last 24 hours.
* 24-hour trading volume ranges between 26.71 Billion USD and 32.13 Billion USD.
* Market cap is around 310-311 Billion USD.
* Circulating supply is 120.73 Million ETH.
Price Movements and Important Levels:
* Ethereum has seen a high of 2,594.57 USD and a low of 2,342.43 USD in the last 24 hours.
* It has increased by 19.02% to 55.57% in the last month.
* It has changed between -3.92% and -6.13% in the last week.
* It reached the highest level of the last month with 2,708.81 USD on May 14, 2025.
* It saw the lowest level of the last month with 1,558.65 USD on April 22, 2025.
* Around 2,750 USD is shown as an important resistance level. Exceeding this level is considered critical for the rising trend.
Current News and Analysis:
* While an increase in entries to Ethereum products is observed, hedge funds and traders are increasing their short positions. This situation creates mixed signals on the price.
* The Pectra update went live on the main network without any problems. This update includes important changes such as user experience improvements, staking efficiency and blob area expansion. However, it did not cause major volatility on the current price. Developers are focused on the next update, Fusaka.
* In technical indicators, the Relative Strength Index (RSI) and the Stochastic Oscillator (Stoch) are showing bearish signs.
* Some analysts predict that Ethereum could be priced around $5,000 in the near future. In the long term, there are estimates that it could reach $15,000 by 2030.
General Assessment:
Ethereum continues to be one of the major players in the crypto market with a strong network and constant updates.