Ethereum price started a fresh increase and remained stable above $2,380. ETH 
is now correcting gains and might decline if it trades below $2,300. Ethereum 
started a downside correction from the $2,420 zone. The price is trading below 
$2,350 and the 100-hourly Simple Moving Average. There was a break below a 
bullish trend line with support at $2,365 on the hourly chart of ETH/USD (data 
feed via Kraken). The pair could continue to move down if it stays below the 
$2,365 zone. Ethereum Price Trims Gains 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 $2,380 and $2,385. However, the bears were active 
near $2,420. The last swing high was formed at $2,423 before there was a 
downside correction. The price dipped below the $2,365 level. Besides, there 
was a break below a bullish trend line with support at $2,365 on the hourly 
chart of ETH/USD. The price even tested the 50% Fib retracement level of the 
upward move from the $2,220 swing low to the $2,423 high. Ethereum price is 
now trading below $2,360 and the 100-hourly Simple Moving Average. If the 
bulls remain in action above $2,300, the price could attempt another increase. 
Immediate resistance is seen near the $2,350 level. The first key resistance 
is near the $2,380 level. The next major resistance is near the $2,420 level. 
A clear move above the $2,420 resistance might send the price toward the 
$2,450 resistance. An upside break above the $2,450 region might call for more 
gains in the coming days. In the stated case, Ether could rise toward the 
$2,500 resistance zone or even $2,550 in the near term. Another Decline In 
ETH? If Ethereum fails to clear the $2,360 resistance, it could start a 
downside correction. Initial support on the downside is near the $2,320 level. 
The first major support sits near the $2,300 zone. A clear move below the 
$2,300 support might push the price toward the $2,265 support or the 76.4% Fib 
retracement level of the upward move from the $2,220 swing low to the $2,423 
high. Any more losses might send the price toward the $2,200 region. The main 
support could be $2,150. Technical Indicators Hourly MACD – The MACD for 
ETH/USD is losing momentum in the bullish zone. Hourly RSI &#8211; The RSI for 
ETH/USD is now below the 50 zone. Major Support Level – $2,300 Major 
Resistance Level – $2,360

Ethereum Price Struggles To Hold Strength, Downside Risks Build

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Toncoin doubles on growing Make TON Great Again momentum

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XRP price started a downside correction from the $1.4550 zone. The price is 
now consolidating and might aim for another increase if it stays above the 
$1.40 zone. XRP price started a downside correction after it failed to clear 
the $1.4550 zone. The price is now trading near $1.4080 and the 100-hourly 
Simple Moving Average. There is a bullish trend line forming with support at 
$1.4050 on the hourly chart of the XRP/USD pair (data source from Kraken). The 
pair could start a fresh increase if it settles above $1.4220. XRP Price Dips 
Again XRP price started a decent upward move above $1.3850 and $1.4150, like 
Bitcoin and Ethereum. The price gained pace for a clear move above the $1.4220 
resistance. A high was formed at $1.4570, and the price started a downside 
correction. There was a move below $1.4320 and $1.420. The price dipped below 
the 38.2% Fib retracement level of the upward move from the $1.3460 swing low 
to the $1.4570 high. The price is now trading near $1.4080 and the 100-hourly 
Simple Moving Average. There is also a bullish trend line forming with support 
at $1.4050 on the hourly chart of the XRP/USD pair. If there is a fresh upward 
move, the price might face resistance near the $1.420 level. The first major 
resistance is near the $1.4220 level, above which the price could rise and 
test $1.4350. A clear move above the $1.4350 resistance might send the price 
toward the $1.4550 resistance. Any more gains might send the price toward the 
$1.4620 resistance. The next major hurdle for the bulls might be near $1.4840. 
Another Drop? If XRP fails to clear the $1.4220 resistance zone, it could 
start a fresh decline. Initial support on the downside is near the $1.3050 
level. The next major support is near the $1.40 level and the trend line or 
the 50% Fib retracement level of the upward move from the $1.3460 swing low to 
the $1.4570 high. If there is a downside break and a close below the $1.40 
level, the price might continue to decline toward $1.3820. The next major 
support sits near the $1.3620 zone, below which the price could continue lower 
toward $1.350. Any more losses might call for a test of $1.3320. Technical 
Indicators Hourly MACD – The MACD for XRP/USD is now gaining pace in the 
bearish zone. Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is 
now below the 50 level. Major Support Levels – $1.4050 and $1.4000. Major 
Resistance Levels – $1.4220 and $1.4550.

Ethereum Price Struggles To Hold Strength, Downside Risks Build

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