Ethereum price started a fresh decline and traded below $1,800. ETH is now 
consolidating below $1,800 and might continue to move down. Ethereum remained 
in a bearish zone after a fresh decline below $1,840. The price is trading 
below $1,800 and the 100-hourly Simple Moving Average. There is a bearish 
trend line forming with resistance at $1,800 on the hourly chart of ETH/USD 
(data feed via Kraken). The pair could continue to move down if it stays below 
the $1,880 zone. Ethereum Price Dives Over 5% Ethereum price failed to remain 
stable above $1,880 and started a fresh decline, like Bitcoin. ETH price 
dipped below the $1,840 and $1,820 levels. The price even traded below $1,800. 
A low was formed at $1,716, and the price is now consolidating losses well 
below the 23.6% Fib retracement level of the downward move from the $1,889 
swing high to the $1,716 low. There is also a bearish trend line forming with 
resistance at $1,800 on the hourly chart of ETH/USD. Ethereum price is now 
trading below $1,800 and the 100-hourly Simple Moving Average. If the bulls 
remain in action above $1,720, the price could attempt another increase. 
Immediate resistance is seen near the $1,780 level. The first key resistance 
is near the $1,800 level and the 50% Fib retracement level of the downward 
move from the $1,889 swing high to the $1,716 low. The next major resistance 
is near the $1,820 level. A clear move above the $1,820 resistance might send 
the price toward the $1,850 resistance. An upside break above the $1,850 
region might call for more gains in the coming days. In the stated case, Ether 
could rise toward the $1,880 resistance zone or even $1,920 in the near term. 
More Losses In ETH? If Ethereum fails to clear the $1,850 resistance, it could 
start a fresh decline. Initial support on the downside is near the $1,720 
level. The first major support sits near the $1,700 zone. A clear move below 
the $1,700 support might push the price toward the $1,665 support. Any more 
losses might send the price toward the $1,640 region. The main support could 
be $1,620. 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 – $1,720 Major Resistance Level – $1,850

Ethereum price started a fresh decline and traded below $1,800. ETH is now consolidating below $1,800 and might continue to move down. Ethereum remained in a bearish zone after a fresh decline below $1,840. The price is trading below $1,800 and the 100-hourly Simple Moving Average. There is a bearish trend line forming with resistance &#8230;

Ethereum Price Plunges Under $1,800, Leaving Bulls On The Ropes

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Selling Pressure Intensifies At 10:09 p.m. on June 3, XRP was trading at 
$1.15712, extending a sharp decline that has dominated recent […]

XRP extended its decline, testing support near the $1.14 level, as heavy long liquidations, persistent selling pressure, and a series of lower highs reinforced the cryptocurrency’s bearish market structure. XRP Price Slides as Selling Pressure Intensifies At 10:09 p.m. on June 3, XRP was trading at $1.15712, extending a sharp decline that has dominated recent &#8230;

XRP Falls Sharply as Traders Brace for Deeper Crypto Sell-Off

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Through Local Platforms Serving Crypto Users Ripple said its USD-backed 
stablecoin, RLUSD, is […]

RLUSD, Ripple’s USD-backed stablecoin, has launched in Turkey via local crypto platforms, giving enterprises regulated access to digital dollars. The rollout supports payments, liquidity, collateral management, and tokenization in a market with roughly $200 billion in annual crypto volume. RLUSD Enters Turkey Through Local Platforms Serving Crypto Users Ripple said its USD-backed stablecoin, RLUSD, is &#8230;

Ethereum Price Plunges Under $1,800, Leaving Bulls On The Ropes

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