Ethereum ($ETH) Price Prediction for May 29: Bulls Defend $2,600 Support Amid Volatility

Description

The Ethereum price today is trading near $2,630 after failing to sustain above short-term resistance at $2,700. Despite recent upside momentum, Ethereum price action is now showing signs of exhaustion, with multiple indicators flashing early warning signals of a pullback or consolidation phase. What’s Happening With Ethereum’s Price? ETHUSD price analysis (Source: TradingView) After a clean breakout from the descending wedge formation earlier this month, the Ethereum price rallied sharply from t...