Ethereum Price Prediction: May 14 – A Closer Look at Recent Trends

Ethereum’s price (ETH) has seen modest gains in the last 24 hours, rising by about 0.5%, according to CoinStats data. However, analysts caution that this may not be a sustained trend. On the hourly chart, ETH is showing signs of approaching its local support level at $2,577. A breakout from this level could lead to further decline towards the $2,500 range, but it might also suggest an upward move.