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Coin Edition 2025-05-27 07:34:46

Ethereum (ETH) Price Prediction for May 28: Bulls Attempt Breakout Toward $2,745 as Momentum Builds

Ethereum (ETH) Price Prediction for May 28: Bulls Attempt Breakout Toward $2,745 as Momentum Builds

The Ethereum price today is holding near $2,604 after rebounding sharply from the $2,538 level. The rebound follows a bullish breakout from a descending triangle structure seen on the 30-minute and 4-hour charts, fueling optimism that the rally may extend toward the next resistance band at $2,745. Despite recent volatility, the short-term setup suggests a renewed bullish bias—so long as price holds above $2,538. With the altcoin market showing fresh signs of strength and Ethereum price action breaking key trendline resistances, traders are now watching closely to determine: why Ethereum price going up today and what comes next. What’s Happening With Ethereum’s Price? ETHUSD price analysis (Source: TradingView) After nearly five days of sideways movement below $2,580, Ethereum surged on May 27, 2025, breaking above the descending resistance line that had capped price since the $2,745 local high. This bullish move was backed by strong volume, suggesting renewed participation from bulls after a period of indecision. On the 30-minute chart, Ethereum price broke out of a triangle with upper resistance near $2,582 and swiftly touched $2,607. The structure had… The post Ethereum (ETH) Price Prediction for May 28: Bulls Attempt Breakout Toward $2,745 as Momentum Builds appeared first on Coin Edition .

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