• bitcoinBitcoin (BTC) $ 108,552.00
  • ethereumEthereum (ETH) $ 4,422.01
  • tetherTether (USDT) $ 1.00
  • xrpXRP (XRP) $ 2.79
  • bnbBNB (BNB) $ 861.39
  • solanaSolana (SOL) $ 203.39
  • usd-coinUSDC (USDC) $ 0.999805
  • staked-etherLido Staked Ether (STETH) $ 4,414.51
  • dogecoinDogecoin (DOGE) $ 0.215147
  • tronTRON (TRX) $ 0.341724
  • cardanoCardano (ADA) $ 0.817407
  • wrapped-stethWrapped stETH (WSTETH) $ 5,364.10
  • chainlinkChainlink (LINK) $ 23.49
  • wrapped-beacon-ethWrapped Beacon ETH (WBETH) $ 4,767.01
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 108,879.00
  • ethena-usdeEthena USDe (USDE) $ 1.00
  • hyperliquidHyperliquid (HYPE) $ 44.57
  • wrapped-eethWrapped eETH (WEETH) $ 4,740.90
  • suiSui (SUI) $ 3.29
  • stellarStellar (XLM) $ 0.354810
  • bitcoin-cashBitcoin Cash (BCH) $ 546.75
  • avalanche-2Avalanche (AVAX) $ 23.63
  • crypto-com-chainCronos (CRO) $ 0.294306
  • wethWETH (WETH) $ 4,433.45
  • hedera-hashgraphHedera (HBAR) $ 0.220828
  • leo-tokenLEO Token (LEO) $ 9.62
  • litecoinLitecoin (LTC) $ 109.52
  • the-open-networkToncoin (TON) $ 3.17
  • usdsUSDS (USDS) $ 0.999665
  • shiba-inuShiba Inu (SHIB) $ 0.000012
  • binance-bridged-usdt-bnb-smart-chainBinance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 0.999968
  • coinbase-wrapped-btcCoinbase Wrapped BTC (CBBTC) $ 108,689.00
  • whitebitWhiteBIT Coin (WBT) $ 42.42
  • uniswapUniswap (UNI) $ 9.69
  • polkadotPolkadot (DOT) $ 3.77
  • ethena-staked-usdeEthena Staked USDe (SUSDE) $ 1.19
  • bitget-tokenBitget Token (BGB) $ 4.55
  • moneroMonero (XMR) $ 262.52
  • aaveAave (AAVE) $ 317.74
  • daiDai (DAI) $ 0.999700
  • ethenaEthena (ENA) $ 0.651680
  • pepePepe (PEPE) $ 0.000010
  • mantleMantle (MNT) $ 1.17
  • okbOKB (OKB) $ 174.46
  • ethereum-classicEthereum Classic (ETC) $ 20.85
  • bittensorBittensor (TAO) $ 318.09
  • jito-staked-solJito Staked SOL (JITOSOL) $ 249.81
  • nearNEAR Protocol (NEAR) $ 2.40
  • polygon-ecosystem-tokenPOL (ex-MATIC) (POL) $ 0.282430
  • aptosAptos (APT) $ 4.28
  • pi-networkPi Network (PI) $ 0.364062
  • ondo-financeOndo (ONDO) $ 0.904134
  • usdt0USDT0 (USDT0) $ 1.00
  • binance-peg-wethBinance-Peg WETH (WETH) $ 4,429.01
  • arbitrumArbitrum (ARB) $ 0.502148
  • usd1-wlfiUSD1 (USD1) $ 1.00
  • internet-computerInternet Computer (ICP) $ 4.79
  • story-2Story (IP) $ 8.00
  • blackrock-usd-institutional-digital-liquidity-fundBlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
  • binance-staked-solBinance Staked SOL (BNSOL) $ 217.40
  • kaspaKaspa (KAS) $ 0.084910
  • cosmosCosmos Hub (ATOM) $ 4.50
  • vechainVeChain (VET) $ 0.024334
  • algorandAlgorand (ALGO) $ 0.233635
  • rocket-pool-ethRocket Pool ETH (RETH) $ 5,045.99
  • gatechain-tokenGate (GT) $ 16.88
  • susdssUSDS (SUSDS) $ 1.07
  • fasttokenFasttoken (FTN) $ 4.52
  • jupiter-perpetuals-liquidity-provider-tokenJupiter Perpetuals Liquidity Provider Token (JLP) $ 5.41
  • kelp-dao-restaked-ethKelp DAO Restaked ETH (RSETH) $ 4,653.02
  • kucoin-sharesKuCoin (KCS) $ 14.52
  • pudgy-penguinsPudgy Penguins (PENGU) $ 0.029314
  • render-tokenRender (RENDER) $ 3.45
  • worldcoin-wldWorldcoin (WLD) $ 0.890678
  • bonkBonk (BONK) $ 0.000023
  • official-trumpOfficial Trump (TRUMP) $ 8.66
  • sei-networkSei (SEI) $ 0.286763
  • bfusdBFUSD (BFUSD) $ 0.999203
  • stakewise-v3-osethStakeWise Staked ETH (OSETH) $ 4,667.02
  • kinetic-staked-hypeKinetiq Staked HYPE (KHYPE) $ 44.73
  • fetch-aiArtificial Superintelligence Alliance (FET) $ 0.619057
  • liquid-staked-ethereumLiquid Staked ETH (LSETH) $ 4,789.22
  • filecoinFilecoin (FIL) $ 2.28
  • flare-networksFlare (FLR) $ 0.021604
  • jupiter-exchange-solanaJupiter (JUP) $ 0.497337
  • quant-networkQuant (QNT) $ 104.29
  • lombard-staked-btcLombard Staked BTC (LBTC) $ 108,765.00
  • skySky (SKY) $ 0.064432
  • usdtbUSDtb (USDTB) $ 1.00
  • polygon-bridged-usdt-polygonPolygon Bridged USDT (Polygon) (USDT) $ 0.999944
  • xdce-crowd-saleXDC Network (XDC) $ 0.079149
  • renzo-restaked-ethRenzo Restaked ETH (EZETH) $ 4,671.69
  • falcon-financeFalcon USD (USDF) $ 0.999378
  • mantle-staked-etherMantle Staked Ether (METH) $ 4,764.03
  • tether-goldTether Gold (XAUT) $ 3,459.98
  • hash-2Provenance Blockchain (HASH) $ 0.025948
  • injective-protocolInjective (INJ) $ 12.85
  • optimismOptimism (OP) $ 0.698213
  • celestiaCelestia (TIA) $ 1.61
  • nexoNEXO (NEXO) $ 1.23
  • pump-funPump.fun (PUMP) $ 0.003367
  • jupiter-staked-solJupiter Staked SOL (JUPSOL) $ 230.99
  • wbnbWrapped BNB (WBNB) $ 861.41
  • paypal-usdPayPal USD (PYUSD) $ 0.999790
  • fourFour (FORM) $ 3.08
  • first-digital-usdFirst Digital USD (FDUSD) $ 0.998036
  • solv-btcSolv Protocol BTC (SOLVBTC) $ 108,732.00
  • memecoreMemeCore (M) $ 0.682692
  • blockstackStacks (STX) $ 0.626986
  • lido-daoLido DAO (LDO) $ 1.20
  • spx6900SPX6900 (SPX) $ 1.15
  • curve-dao-tokenCurve DAO (CRV) $ 0.766980
  • pyth-networkPyth Network (PYTH) $ 0.185223
  • binance-bridged-usdc-bnb-smart-chainBinance Bridged USDC (BNB Smart Chain) (USDC) $ 0.999499
  • aerodrome-financeAerodrome Finance (AERO) $ 1.15
  • sonic-3Sonic (S) $ 0.314639
  • super-oethSuper OETH (SUPEROETH) $ 4,434.08
  • immutable-xImmutable (IMX) $ 0.514064
  • conflux-tokenConflux (CFX) $ 0.190927
  • pax-goldPAX Gold (PAXG) $ 3,461.99
  • syrupusdcSyrupUSDC (SYRUPUSDC) $ 1.12
  • raydiumRaydium (RAY) $ 3.51
  • msolMarinade Staked SOL (MSOL) $ 268.72
  • the-graphThe Graph (GRT) $ 0.089408
  • saros-financeSaros (SAROS) $ 0.345428
  • arbitrum-bridged-wbtc-arbitrum-oneArbitrum Bridged WBTC (Arbitrum One) (WBTC) $ 108,830.00
  • flokiFLOKI (FLOKI) $ 0.000093
  • ether-fi-staked-ethether.fi Staked ETH (EETH) $ 4,416.43
  • kaiaKaia (KAIA) $ 0.147639
  • cgeth-hashkey-cloudcgETH Hashkey Cloud (CGETH.HASH) $ 4,311.71
  • pancakeswap-tokenPancakeSwap (CAKE) $ 2.47
  • clbtcclBTC (CLBTC) $ 108,624.00
  • l2-standard-bridged-weth-baseL2 Standard Bridged WETH (Base) (WETH) $ 4,432.84
  • dogwifcoindogwifhat (WIF) $ 0.794817
  • theta-tokenTheta Network (THETA) $ 0.789192
  • pendlePendle (PENDLE) $ 4.63
  • vaultaVaulta (A) $ 0.490144
  • fartcoinFartcoin (FARTCOIN) $ 0.773865
  • tezosTezos (XTZ) $ 0.723030
  • iotaIOTA (IOTA) $ 0.191093
  • ethereum-name-serviceEthereum Name Service (ENS) $ 22.66
  • galaGALA (GALA) $ 0.016270
  • virtual-protocolVirtuals Protocol (VIRTUAL) $ 1.14
  • ousgOUSG (OUSG) $ 112.39
  • build-onBUILDon (B) $ 0.723290
  • jito-governance-tokenJito (JTO) $ 1.90
  • ripple-usdRipple USD (RLUSD) $ 0.999711
  • jasmycoinJasmyCoin (JASMY) $ 0.014461
  • loaded-lionsLoaded Lions (LION) $ 0.022609
  • flowFlow (FLOW) $ 0.428085
  • newton-projectAB (AB) $ 0.009139
  • the-sandboxThe Sandbox (SAND) $ 0.279859
  • usdx-money-usdxStables Labs USDX (USDX) $ 0.996124
  • stader-ethxStader ETHx (ETHX) $ 4,724.43
  • ondo-us-dollar-yieldOndo US Dollar Yield (USDY) $ 1.08
  • zcashZcash (ZEC) $ 41.05
  • mantle-restaked-ethMantle Restaked ETH (CMETH) $ 4,761.91
  • bittorrentBitTorrent (BTT) $ 0.00000066
  • arbitrum-bridged-weth-arbitrum-oneArbitrum Bridged WETH (Arbitrum One) (WETH) $ 4,433.91
  • morphoMorpho (MORPHO) $ 1.94
  • tbtctBTC (TBTC) $ 108,380.00
  • coinbase-wrapped-staked-ethCoinbase Wrapped Staked ETH (CBETH) $ 4,865.72
  • swethSwell Ethereum (SWETH) $ 4,809.34
  • usual-usdUsual USD (USD0) $ 0.998124
  • decentralandDecentraland (MANA) $ 0.290892
  • beldexBeldex (BDX) $ 0.075778
  • binance-peg-dogecoinBinance-Peg Dogecoin (DOGE) $ 0.215227
  • global-dollarGlobal Dollar (USDG) $ 0.999622
  • walrus-2Walrus (WAL) $ 0.388220
  • bitcoin-avalanche-bridged-btc-bAvalanche Bridged BTC (Avalanche) (BTC.B) $ 108,672.00
  • vision-3Vision (VSN) $ 0.165824
  • bitcoin-svBitcoin SV (BSV) $ 26.04
  • ether-fiEther.fi (ETHFI) $ 1.08
  • syrupMaple Finance (SYRUP) $ 0.450085
  • frax-etherFrax Ether (FRXETH) $ 4,395.35
  • true-usdTrueUSD (TUSD) $ 0.997227
  • starknetStarknet (STRK) $ 0.127117
  • heliumHelium (HNT) $ 2.57
  • polygon-pos-bridged-weth-polygon-posPolygon PoS Bridged WETH (Polygon POS) (WETH) $ 4,433.97
  • neoNEO (NEO) $ 6.73
  • based-brettBrett (BRETT) $ 0.047375
  • dydx-chaindYdX (DYDX) $ 0.604757
  • solv-protocol-solvbtc-bbnSolv Protocol Staked BTC (XSOLVBTC) $ 107,090.00
  • apecoinApeCoin (APE) $ 0.566858
  • apenftAPENFT (NFT) $ 0.00000045
  • mantle-bridged-usdt-mantleMantle Bridged USDT (Mantle) (USDT) $ 1.00
  • usddUSDD (USDD) $ 0.999412
  • coredaoorgCore (CORE) $ 0.442135
  • bybit-staked-solBybit Staked SOL (BBSOL) $ 224.04
  • polygon-pos-bridged-dai-polygon-posPolygon PoS Bridged DAI (Polygon POS) (DAI) $ 0.999731
  • reserve-rights-tokenReserve Rights (RSR) $ 0.007331
  • sun-tokenSun Token (SUN) $ 0.022683
  • savings-daiSavings Dai (SDAI) $ 1.17
  • telcoinTelcoin (TEL) $ 0.004683
  • zksyncZKsync (ZK) $ 0.059268
  • dexeDeXe (DEXE) $ 7.45
  • axie-infinityAxie Infinity (AXS) $ 2.53
  • bridged-usdc-polygon-pos-bridgeBridged USDC (Polygon PoS Bridge) (USDC.E) $ 0.999794
  • thorchainTHORChain (RUNE) $ 1.20
  • instadappFluid (FLUID) $ 6.21

Ethereum Price Eyes Downside Thrust: Will It Slip Further?

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Ethereum Price Eyes Downside Thrust: Will It Slip Further?

Ethereum price started another decline below the $2,550 support. ETH could dive toward the $2,250 support zone before the bulls emerge.

  • Ethereum started a fresh decline below the $2,550 level.
  • The price is trading below $2,500 and the 100-hourly Simple Moving Average.
  • There is a connecting bearish trend line forming with resistance at $2,500 on the hourly chart of ETH/USD (data feed via Kraken).
  • The pair must stay above $2,400 to start another increase in the near term.

Ethereum Price Extends Losses

Ethereum price failed to stay above the $2,620 support and extended losses. ETH traded below the $2,550 and $2,500 support levels like Bitcoin. It even tested the $2,400 support.

A low was formed near $2,401 and the price is now attempting a recovery wave. There was a move above the $2,420 level. The price is testing the 23.6% Fib retracement level of the downward wave from the $2,596 swing high to the $2,401 low.

Ethereum price is now trading below $2,500 and the 100-hourly Simple Moving Average. There is also a connecting bearish trend line forming with resistance at $2,500 on the hourly chart of ETH/USD.

On the upside, the price seems to be facing hurdles near the $2,500 level and the 100-hourly Simple Moving Average. It is close to the 50% Fib retracement level of the downward wave from the $2,596 swing high to the $2,401 low.

Ethereum Price Eyes Downside Thrust: Will It Slip Further?

The first major resistance is near the $2,550 level. A close above the $2,550 level might send Ether toward the $2,620 resistance. The next key resistance is near $2,660. An upside break above the $2,660 resistance might send the price higher toward the $2,800 resistance zone in the near term.

More Downsides In ETH?

If Ethereum fails to clear the $2,500 resistance, it could start another decline. Initial support on the downside is near $2,420. The first major support sits near the $2,400 zone.

A clear move below the $2,400 support might push the price toward $2,320 where the bulls could emerge. Any more losses might send the price toward the $2,250 support level in the near term. The next key support sits at $2,110.

Technical Indicators

Hourly MACDThe MACD for ETH/USD is gaining momentum in the bearish zone.

Hourly RSIThe RSI for ETH/USD is now below the 50 zone.

Major Support Level – $2,400

Major Resistance Level – $2,500

Source

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