Ethereum Price Prediction for May 12: Can ETH Sustain Momentum After 40% Weekly Rally? 📈
After a remarkable rally from the $1,800 breakout level, Ethereum has reached a pinnacle in 2025, approaching $2,604. This ascent represents a substantial 40% weekly rise. The resurgence in ETH's price was particularly driven by breaking through key descending trendlines with significant trading volumes.
Ethereum's ongoing bullish trajectory shows signs of exhaustion as it attempts to solidify its position following this surge. Market analysts are keenly observing whether ETH can sustain this momentum in the days to come or if a retracement is imminent.
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