Asset icon - trade crypto, stocks, and gold on Pluang
Trade on Pluang
One platform for all markets
Download

Ethereum price breaks out above $2,370, signaling bullish momentum with targets up to $3,000.

Technical Signals
05 May 2026
Crypto news
View Source
Bullish
pluang ai news

Ethereum's price has broken out of a bull flag pattern near $2,370, indicating renewed upward momentum after a period of consolidation. The price holds above key support at $2,381 and faces resistance between $2,400 and $2,460, with potential targets at $2,577 and $2,772. Technical indicators like the MACD and RSI suggest strengthening buying pressure, projecting a possible rise toward $2,800 to $3,000. Maintaining support above $2,300 is crucial to sustain this bullish trend.

More News (ETH)

Bitmine boosts Ethereum holdings to 5.4M ETH, eyes 5% supply amid bullish crypto supercycle outlook

Bitmine boosts Ethereum holdings to 5.4M ETH, eyes 5% supply amid bullish crypto supercycle outlook

Bitmine Immersion Technologies recently acquired 111,942 ETH, raising its total Ethereum reserves to about 5.4 million ETH. Chairman Tom Lee views the recent ETH price dip below $2,200 as a buying opportunity and remains bullish on a crypto supercycl...

Market News
Bullish
4 hours ago
Bankless co-founder sells ETH, says 'ETH is money' thesis has played out but remains bullish on Ethereum network.

Bankless co-founder sells ETH, says 'ETH is money' thesis has played out but remains bullish on Ethereum network.

David Hoffman, co-founder of Bankless, sold his Ethereum (ETH) holdings after concluding that the long-standing thesis of 'ETH is money' has largely played out. Despite selling his ETH, Hoffman remains bullish on the Ethereum network and its ecosyste...

Market News
Neutral
4 hours ago
Ethereum options show bullish bias with $2,350 calls active despite slight open interest drop

Ethereum options show bullish bias with $2,350 calls active despite slight open interest drop

Ethereum options markets remain bullish with a focus on $2,350 call options, even as total open interest slightly decreased to $6.96 billion. Calls represent 61.6% of contracts, indicating optimism for higher prices, while significant put interest ne...

Market News
Bullish
7 hours ago
Bitcoin and Ethereum fall amid crypto market fear; stocks hit record highs despite Middle East tensions.

Bitcoin and Ethereum fall amid crypto market fear; stocks hit record highs despite Middle East tensions.

Leading cryptocurrencies like Bitcoin and Ethereum dropped sharply as 'Extreme Fear' sentiment returned to the crypto market, with Bitcoin falling below $76,000 and over $300 million liquidated in 24 hours. Meanwhile, major U.S. stock indexes reached...

Market News
Bearish
7 hours ago
Ethereum whale moves 2,000 ETH after 10 years, sparking profit-taking debate amid ETH/BTC weakness.

Ethereum whale moves 2,000 ETH after 10 years, sparking profit-taking debate amid ETH/BTC weakness.

An Ethereum whale moved 2,000 ETH after holding it dormant for over 10 years, triggering discussion about whether this signals profit-taking or a potential distribution amid Ethereum's recent underperformance against Bitcoin. Despite ETH's weaker pri...

Market News
Neutral
13 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App