Ethereum (ETH) Price Forecast: Key Resistance at $3,100 and Support Level at $2,233

In a recent analysis, cryptocurrency expert Ali Charts has identified significant price thresholds for Ethereum (ETH) as of May 14. According to the latest market dynamics, the pivotal resistance level stands at $3,100. This benchmark indicates a critical price point where selling pressure may increase, potentially curtailing upward momentum. Conversely, the primary support level is positioned at $2,233, a crucial marker that could safeguard ETH from further decline. Traders and investors are advised to closely monitor these levels, as they could influence short-term trading strategies and investment decisions. Understanding these price points enables market participants to make informed choices amid the volatile nature of the crypto landscape.