Ethereum price started a downside correction from $2,150. ETH must clear the 
$2,120 and $2,150 resistance levels to continue higher. Ethereum started a 
downside correction below the $2,125 zone. The price is trading above $2,100 
and the 100-hourly Simple Moving Average. There is a bearish trend line 
forming with resistance at $2,110 on the hourly chart of ETH/USD (data feed 
via Kraken). The pair could continue to move down if it stays below the $2,150 
zone. Ethereum Price Holds Support Ethereum price failed to stay above the 
$2,145 zone and extended its decline, like Bitcoin. ETH price gained pace for 
a move below the $2,120 and $2,110 levels. The bears pushed the price below 
the 38.2% Fib retracement level of the upward move from the $2,001 swing low 
to the $2,147 high. However, the bulls were active near the $2,065 level. 
Besides, there is a bearish trend line forming with resistance at $2,110 on 
the hourly chart of ETH/USD. Ethereum price is now trading above $2,100 and 
the 100-hourly Simple Moving Average. If the bulls remain in action above 
$2,065, the price could attempt another increase. Immediate resistance is seen 
near the $2,110 level. The first key resistance is near the $2,140 level. The 
next major resistance is near the $2,150 level. A clear move above the $2,150 
resistance might send the price toward the $2,220 resistance. An upside break 
above the $2,220 region might call for more gains in the coming days. In the 
stated case, Ether could rise toward the $2,250 resistance zone or even $2,320 
in the near term. Another Decline In ETH? If Ethereum fails to clear the 
$2,110 resistance, it could start a fresh decline. Initial support on the 
downside is near the $2,075 level. The first major support sits near the 
$2,055 zone or the 61.8% Fib retracement level of the upward move from the 
$2,001 swing low to the $2,147 high. A clear move below the $2,055 support 
might push the price toward the $2,020 support. Any more losses might send the 
price toward the $2,000 region. The main support could be $1,940. 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 – $2,055 Major Resistance Level – $2,150

Ethereum price started a downside correction from $2,150. ETH must clear the $2,120 and $2,150 resistance levels to continue higher. Ethereum started a downside correction below the $2,125 zone. The price is trading above $2,100 and the 100-hourly Simple Moving Average. There is a bearish trend line forming with resistance at $2,110 on the hourly &#8230;

Ethereum Price Builds Momentum For Another Bullish Surge Ahead

The announcement was made during the 8th EU-Mexico summit, where Mexico and 
the EU signed a trade agreement to decrease dependence on the U.S. The two 
governments would be focused on cooperating to curb this kind of crypto-linked 
illicit activity. Mexico and the EU To Collaborate To Curb Crypto Money 
Laundering Activities Even as the […]

The announcement was made during the 8th EU-Mexico summit, where Mexico and the EU signed a trade agreement to decrease dependence on the U.S. The two governments would be focused on cooperating to curb this kind of crypto-linked illicit activity. Mexico and the EU To Collaborate To Curb Crypto Money Laundering Activities Even as the &#8230;

Mexico and the EU Join Forces to Target Global Crypto Money Laundering

Kalshi backs Americans for Fair Markets with ex-Trump aide as House probe and 
state gambling cases raise pressure on prediction markets now.

Kalshi backs Americans for Fair Markets with ex-Trump aide as House probe and state gambling cases raise pressure on prediction markets now.

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The Abolish Super PACs Act, introduced in the House and Senate, would cap 
individual super PAC donations at $5,000 amid growing concerns over crypto- 
backed campaign spending and other independent election expenditures. Super 
PAC Cap Would Reshape Election Spending U.S. Representative Summer Lee and 
Senator Bernie Sanders unveiled the Abolish Super PACs Act in an announcement 
[…]

The Abolish Super PACs Act, introduced in the House and Senate, would cap individual super PAC donations at $5,000 amid growing concerns over crypto- backed campaign spending and other independent election expenditures. Super PAC Cap Would Reshape Election Spending U.S. Representative Summer Lee and Senator Bernie Sanders unveiled the Abolish Super PACs Act in an &#8230;

Crypto-Backed Super PACs in Focus as Lawmakers Push $5,000 Donation Cap

The SEC has reportedly delayed releasing a proposal permitting tokenized stock 
trading after receiving industry concerns.

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SEC postpones plan allowing &#8216;innovation exemption&#8217; for tokenized stocks: Report

Rubio says a US-Iran deal could sign as early as Monday, but markets are 
skeptical. US-Iran deal by June 7 at 50.5% YES; May 26 at 15.5% YES.
The post Rubio says US-Iran deal could be signed as early as Monday appeared 
first on Crypto Briefing.

Rubio says a US-Iran deal could sign as early as Monday, but markets are skeptical. US-Iran deal by June 7 at 50.5% YES; May 26 at 15.5% YES. The post Rubio says US-Iran deal could be signed as early as Monday appeared first on Crypto Briefing.

Ethereum Price Builds Momentum For Another Bullish Surge Ahead

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