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The Ethereum price pumped 46% in the past month and climbed slightly in the past 24 hours to trade at $2,635 as of 6:54 a.m. EST on a 16% surge in daily trading volume to $21.7 billion.
This minor increase in the ETH price is part of Ethereum’s latest rally that’s put it as the top trending crypto on of CoinMarketCap’s list.
Ethereum Price Sports Massive Accumulation Phase
The 3-day ETH/USD chart shows a long-term view from 2016 to 2025. In it, Ethereum has been grinding hard, breaking into a consolidation phase between $1,130 and $4,800 earlier this year and pushing toward its all-time high of $4,867. Right now, it’s testing a key resistance zone between $2,489, a level that was previously a support.
If the ETH price can break through this zone, it might moon toward $3,500 or even challenge its all-time high soon.
The Relative Strength Index (RSI) is sitting at 66.20, which is close to overbought territory but still has room to run before it gets too spicy. Meanwhile, the Moving Average Convergence Divergence (MACD) is showing bullish momentum, though the histogram suggests a slight dip in energy. Still, the overall trend is looking strong.
ETHUSD Analysis Source: Tradingview
Ethereum Price Signals A Bullish Rally Ahead
The chart also shows various key Fibonacci levels where the price may encounter resistance or support. Ethereum is currently at the 0.5 Fib level, which marks a key level that has previously acted as support.
ETH managed to break past it, and up ahead, it’s eyeing $3,050 as the next immediate target, which aligns with the 0.382 Fib level. Beyond that, ETH may easily soar back to its previous all-time high at $4,867.
Looking ahead, the chart suggests ETH could hit $7,803 if it breaks the immediate couple of resistance levels ($3,050 and $4,867). But if it gets rejected, there might be a pullback to the $1,928 (0.618 Fib level) support or possibly to $1,130 (0.786 Fib level).
Either way, Ethereum’s fundamentals and market sentiment are giving major “to the moon” signals, so keep an eye on those resistance levels.
Solaxy Presale Heads For $42M – Only 19 Days Left!
As Ethereum targets another bullish rally in this bull cycle, a new token called Solaxy (SOLX), Solana’s first-ever layer-2 solution, has raised over $41.5 million in its ongoing presale, and with only 19 days left, investors are flocking to this project.
Solana is known for its lightning-fast transactions and low fees, making it a favorite for DeFi, NFTs, and meme coins. However, when the network gets busy, it can hit speed bumps, such as failed transactions or slowdowns.
That’s where Solaxy comes in. Using rollup technology to process transactions off-chain, bundle them up, and settle them on Solana’s mainnet, Solaxy helps the network run smoothly, even during peak traffic times.
🚨 Welcome to the Future 🚨
Another major piece of the puzzle is coming together. The Solaxy DEX is on the way.
It will be the native trading hub for all tokens launched through Igniter, our rollup-native launchpad. Once a token completes its bonding curve on Igniter, it flows… pic.twitter.com/lEvZh7RRd6
— SOLAXY (@SOLAXYTOKEN) May 27, 2025
The Solaxy testnet is already live, complete with a block explorer to track transactions in real time. The team has also launched the Solaxy Testnet Bridge, letting users move SOL between Solaxy and Solana’s devnet.
In addition to that, Solaxy’s team is also working on a bridge to Ethereum, blending Solana’s speed with Ethereum’s deep liquidity. This could open doors for new apps in gaming, DeFi, and beyond. Other products include the Igniter Protocol, a no-code launchpad that lets SOLX holders create their own tokens. It’s like Solana’s Pump.fun, but faster and cheaper.
The team has also teased a Solaxy DEX to roll out soon that will be the native trading solution for all of the tokens launched through Igniter.
Popular YouTube channel 99Bitcoins, with over 723K subscribers, predicts that the SOLX token has the potential to soar 10X once it launches..
Final Call To Buy And Stake SOLX Tokens Now For 97% APY
The SOLX token is currently priced at just $0.001738, but time is running out with just 19 days left until the presale ends.
Interested investors can buy SOLX tokens through the official Solaxy website using BNB, ETH, USDT, or even a bank card.
There’s also an added incentive where early buyers can stake their SOLX tokens and earn a huge 97% APY, making it an attractive opportunity for early investors.
Visit the official Solaxy website to learn more.
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