Ethereum Price Struggling to Hold Above $2,500

Ethereum’s price in May rose more than 35% in the first two weeks, peaking at $2,700 on May 13. It then struggled to stay above $2,500 and fell below that level last weekend.

Next Support Cushion for ETH Price
Analyst Ali Martinez noted that after Ethereum fell below $2,500, the altcoin has an important support level based on investor cost averaging, suggesting that this price level could act as support or resistance.

The chart uses circle sizes to show the amount of ETH tokens bought at each price range, marking support ( green dots ) and resistance ( red dots ) levels. The larger the circle, the stronger the support or resistance level.

Sentora data shows Ethereum has strong support around $2,354–2,430 , with 2.64 million addresses holding 63.9 million tokens at an average price of $2,395 .

This zone will help sustain ETH price as investors can buy more if the price falls below $2,400.

If ETH holds above this level, the outlook is positive; otherwise, the price could drop to $2,200.

Ethereum Price Overview
ETH is currently trading at around $2,480, up 0.7% in 24 hours but down nearly 4% over the past week.