Ethereum price started a fresh increase and remained stable above $2,365. ETH 
is now consolidating and might aim for more gains if it clears $2,400. 
Ethereum started a steady increase above the $2,365 zone. The price is trading 
above $2,370 and the 100-hourly Simple Moving Average. There was a break above 
a contracting triangle with resistance at $2,320 on the hourly chart of 
ETH/USD (data feed via Kraken). The pair could continue to move up if it stays 
above the $2,330 zone. Ethereum Price Aims for Fresh High Above $2,420 
Ethereum price managed to stay above the $2,320 support and started a fresh 
increase, like Bitcoin. ETH price gained pace for a move above $2,350 and 
$2,365. There was a break above a contracting triangle with resistance at 
$2,320 on the hourly chart of ETH/USD. The price even climbed toward $2,400. A 
high was formed at $2,404, and the price is now consolidating gains. It is 
holding gains above the 23.6% Fib retracement level of the upward move from 
the $2,286 swing low to the $2,404 high. Ethereum price is now trading above 
$2,370 and the 100-hourly Simple Moving Average. If the bulls remain in action 
above $2,330, the price could attempt another increase. Immediate resistance 
is seen near the $2,400 level. The first key resistance is near the $2,420 
level. The next major resistance is near the $2,450 level. A clear move above 
the $2,450 resistance might send the price toward the $2,500 resistance. An 
upside break above the $2,500 region might call for more gains in the coming 
days. In the stated case, Ether could rise toward the $2,550 resistance zone 
or even $2,565 in the near term. Another Decline In ETH? If Ethereum fails to 
clear the $2,400 resistance, it could start a downside correction. Initial 
support on the downside is near the $2,345 level or the 50% Fib retracement 
level of the upward move from the $2,286 swing low to the $2,404 high. The 
first major support sits near the $2,330 zone. A clear move below the $2,330 
support might push the price toward the $2,285 support. Any more losses might 
send the price toward the $2,250 region. The main support could be $2,200. 
Technical Indicators Hourly MACD – The MACD for ETH/USD is gaining momentum in 
the bullish zone. Hourly RSI &#8211; The RSI for ETH/USD is now above the 50 zone. 
Major Support Level – $2,330 Major Resistance Level – $2,400

Ethereum Price Climbs Gradually, Can Bulls Break $2,400 Barrier?

Increased Bitcoin ETF inflows amid geopolitical stability suggest potential 
for market optimism, though volatility and uncertainty remain.
The post Spot Bitcoin ETFs see $824M inflows amid Middle East de-escalation 
appeared first on Crypto Briefing.

Spot Bitcoin ETFs see $824M inflows amid Middle East de-escalation

Internal power struggles in Iran could hinder diplomatic progress, affecting 
regional stability and international relations significantly.
The post Ghalibaf sidelined, US-Iran talks by June 30 in doubt amid internal 
strife appeared first on Crypto Briefing.

Ghalibaf sidelined, US-Iran talks by June 30 in doubt amid internal strife

Iran&#8217;s oil export despite the blockade suggests a less constrained supply, 
weakening the case for a near-term supply shock.
The post Iran loads 4.6M barrels of oil despite US blockade appeared first on 
Crypto Briefing.

Iran loads 4.6M barrels of oil despite US blockade

The blockchain intelligence agency highlighted that the recently issued 
sanctions package against Russia was perhaps the most comprehensive crypto- 
focused action by the EU, targeting the whole Russian cryptocurrency sector 
rather than individual actors, including the digital ruble in full and the 
RUBx token. Key Takeaways: The EU launched its 20th sanctions package, 
strictly targeting the […]

Cryptocurrency price in BHD