Ethereum price started a downside correction from $2,120. ETH must clear the 
$2,110 and $2,120 resistance levels to continue higher. Ethereum started a 
downside correction below the $2,110 zone. The price is trading below $2,095 
and the 100-hourly Simple Moving Average. There was a break below a bullish 
trend line with support at $2,105 on the hourly chart of ETH/USD (data feed 
via Kraken). The pair could continue to move down if it stays below the $2,120 
zone. Ethereum Price Dips Below Support Ethereum price failed to stay above 
the $2,120 zone and extended its decline, like Bitcoin. ETH price gained pace 
for a move below the $2,110 and $2,100 levels. The bears pushed the price 
below the 38.2% Fib retracement level of the upward move from the $2,000 swing 
low to the $2,148 high. Besides, there was a break below a bullish trend line 
with support at $2,105 on the hourly chart of ETH/USD. However, the bulls were 
active near the $2,080 level. Ethereum price is now trading below $2,100 and 
the 100-hourly Simple Moving Average. If the bulls remain in action above 
$2,075, the price could attempt another increase. Immediate resistance is seen 
near the $2,110 level. The first key resistance is near the $2,120 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. Downside Continuation In ETH? If Ethereum fails to clear the 
$2,120 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 
$2,060 zone or the 61.8% Fib retracement level of the upward move from the 
$2,000 swing low to the $2,148 high. A clear move below the $2,060 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 
bearish zone. Hourly RSI &#8211; The RSI for ETH/USD is now below the 50 zone. Major 
Support Level – $2,060 Major Resistance Level – $2,150

Ethereum price started a downside correction from $2,120. ETH must clear the $2,110 and $2,120 resistance levels to continue higher. Ethereum started a downside correction below the $2,110 zone. The price is trading below $2,095 and the 100-hourly Simple Moving Average. There was a break below a bullish trend line with support at $2,105 on &#8230;

Ethereum Price Buying Pressure Softens, Traders Turn Increasingly Cautious

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reducing prospects for peace and affecting regional stability.
The post Israel targets Hezbollah leader amid rising Beirut tensions appeared 
first on Crypto Briefing.

Escalating tensions and military actions may hinder diplomatic efforts, reducing prospects for peace and affecting regional stability. The post Israel targets Hezbollah leader amid rising Beirut tensions appeared first on Crypto Briefing.

Israel targets Hezbollah leader amid rising Beirut tensions

OKX’s X Layer launched Exchange OS, letting builders deploy spot, perp, and 
outcome markets as a 2026 World Cup test venue arrives in June.

OKX’s X Layer launched Exchange OS, letting builders deploy spot, perp, and outcome markets as a 2026 World Cup test venue arrives in June.

OKX’s X Layer lets users build their own crypto markets

Cryptocurrency is undergoing an identity crisis as the gap widens between its 
decentralized origins and today’s institution‑driven adoption, argues Meltem 
Demirors. The Institutional Paradox Meltem Demirors, founder and general 
partner of early-stage fund Crucible, argues that institutional access hasn’t 
made bitcoin more useful. Instead, it has triggered an identity crisis, 
absorbing crypto into the very […]

Cryptocurrency is undergoing an identity crisis as the gap widens between its decentralized origins and today’s institution‑driven adoption, argues Meltem Demirors. The Institutional Paradox Meltem Demirors, founder and general partner of early-stage fund Crucible, argues that institutional access hasn’t made bitcoin more useful. Instead, it has triggered an identity crisis, absorbing crypto into the very &#8230;

Meltem Demirors Says Banks Won as Bitcoin ETFs Pull Crypto Into Wall Street’s Orbit

XRP price started a downside correction from the $1.3740 zone. The price is 
now consolidating and might aim for another increase if it stays above the 
$1.320 zone. XRP price started a downside correction after it failed to stay 
above the $1.3620 zone. The price is now trading below $1.3580 and the 
100-hourly Simple Moving Average. There is a bearish trend line forming with 
resistance at $1.360 on the hourly chart of the XRP/USD pair (data source from 
Kraken). The pair could start a fresh increase if it settles above $1.3620. 
XRP Price Holds Support XRP price struggled to stay above $1.3720 and started 
a fresh decline, like Bitcoin and Ethereum. The price dipped below the $1.3620 
and $1.3600 levels. The price declined below $1.3550 and even spiked below the 
50% Fib retracement level of the upward move from the $1.30 swing low to the 
$1.3740 high. Besides, there is a bearish trend line forming with resistance 
at $1.360 on the hourly chart of the XRP/USD pair. The price is now trading 
below $1.3520 and the 100-hourly Simple Moving Average. If there is a fresh 
upward move, the price might face resistance near the $1.350 level. The first 
major resistance is near the $1.3560 level, above which the price could rise 
and test $1.360. A clear move above the $1.360 resistance might send the price 
toward the $1.3720 resistance. Any more gains might send the price toward the 
$1.3750 resistance. The next major hurdle for the bulls might be near $1.380. 
Downside Extension? If XRP fails to clear the $1.360 resistance zone, it could 
start a fresh decline. Initial support on the downside is near the $1.330 
level. The next major support is near the $1.3280 level and the 61.8% Fib 
retracement level of the upward move from the $1.30 swing low to the $1.3740 
high. If there is a downside break and a close below the $1.3280 level, the 
price might continue to decline toward $1.3175. The next major support sits 
near the $1.3120 zone, below which the price could continue lower toward 
$1.3050. Any more losses might call for a test of $1.30. 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 – $1.3280 and $1.3120. Major Resistance Levels – 
$1.3550 and $1.3750.

XRP price started a downside correction from the $1.3740 zone. The price is now consolidating and might aim for another increase if it stays above the $1.320 zone. XRP price started a downside correction after it failed to stay above the $1.3620 zone. The price is now trading below $1.3580 and the 100-hourly Simple Moving &#8230;

XRP Price Weakness Builds, Traders Brace For Fresh Selloff

Exchange OS could democratize crypto market creation, potentially increasing 
market diversity and accessibility while challenging traditional exchanges.
The post X Layer launches Exchange OS for custom crypto market creation 
appeared first on Crypto Briefing.

Exchange OS could democratize crypto market creation, potentially increasing market diversity and accessibility while challenging traditional exchanges. The post X Layer launches Exchange OS for custom crypto market creation appeared first on Crypto Briefing.

Ethereum Price Buying Pressure Softens, Traders Turn Increasingly Cautious

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