The Bitcoin price closed the month of May, thus signing a series of two consecutive months in the green: 14 % in April and almost 11 % in May. For its part, the course of Ethereum increased by more than 40 % in May. ET HAVE IT PART FOR A NEW MONTH IN THE GREEN? We decipher the situation of the prince of cryptocurrencies in the bulletin of the day!
Ethereum’s course is retreating slightly over the last week
The fall recorded on the Bitcoin course impacted Ethereum. Indeed, the course of Ethereum Fall of around 1 % in a week. Despite this, the course is up more than 40 % in a month and 17 % in three months ::
| Pair | 1h | 24h | 7d | 1m | 3m | 6m |
|---|---|---|---|---|---|---|
 ETH/BTC |
0.14% | 3.66% | 2.98% | 29.56% | -0.19% | -35.41% |
 ETH/USDT |
0.14% | 4.71% | -1.08% | 42.98% | 17.12% | -33.59% |
Ethereum performances facing different pairs. Source : Coincheckup
ETH/BTC pair has been progressing for a month. She climbs 3.7 % in 24 hoursof 3 % in a week and 30 % in a month. ETH has finally launched its Bull Run ? Be careful, because June could well cool the atmosphere.
Ethereum courses plunge over an average of more than 6 % in June
After Four consecutive months of decreasethe Ethereum course reacts and records an increase in more than 40 % in May. However, joy could be short -lived for ETH lovers, because the month of June has been generally red since 2016 ::
ETH has known Six months of negative June over the past nine yearswith a average drop by more than 6 %. Nothing delightful for an ETH which has still not managed to find its 2021 ATH. Despite everything, ETH did not shine at the start of the year, when it is historically efficient during this period. He could therefore continue to Screw your habits in 2025 !
The ETH course remains blocked under $ 2,900
Ethereum did not take advantage of theBitcoin Athcoin to break the Weekly resistance at $ 2,900. We see it, the course continues to be rejected In terms of this important resistance:
To review the course at the level of Resistance at $ 3,900we will have to get rid of the sellers present around the $ 2,900. SI ETH Blocked against $ 2,900he could find the Support at $ 2,100. For its part, the RSI will have to cross the downstream trendline so that the course can benefit from a Momentum Haussier in weekly.
After a bright red start to the year, Ethereum recorded an increase of more than 40 % in May. And to be able to continue on its momentum, Ethereum will have to break the resistance at $ 2,900. Even if the course seems to have woken up, on-chain activity remains relatively low.