Ethereum price started a recovery wave above the $1,600 zone. ETH is now 
consolidating and might rally if there is a clear move above the $1,750 
resistance. Ethereum started a recovery wave above the $1,600 zone. The price 
is trading above $1,620 and the 100-hourly Simple Moving Average. There was a 
break above a key bearish trend line with resistance at $1,600 on the hourly 
chart of ETH/USD (data feed via Kraken). The pair could start a fresh decline 
if it stays below the $1,750 zone. Ethereum Price Aims for Upside Break 
Ethereum price remained bid above the $1,500 support zone, like Bitcoin. ETH 
price formed a base and started a recovery wave above the $1,600 resistance. 
There was a break above a key bearish trend line with resistance at $1,600 on 
the hourly chart of ETH/USD. The price surpassed the 23.6% Fib retracement 
level of the downward move from the $2,005 swing high to the $1,505 swing low. 
Ethereum price is now trading above $1,620 and the 100-hourly Simple Moving 
Average. If the bulls remain in action above $1,600, the price could attempt 
another increase. Immediate resistance is seen near the $1,700 level. The 
first key resistance is near the $1,750 level or the 50% Fib retracement level 
of the downward move from the $2,005 swing high to the $1,505 swing low. The 
next major resistance is near the $1,800 level. A clear move above the $1,800 
resistance might send the price toward the $1,885 resistance. An upside break 
above the $1,885 region might call for more gains in the coming days. In the 
stated case, Ether could rise toward the $1,920 resistance zone or even $2,000 
in the near term. Another Drop In ETH? If Ethereum fails to clear the $1,750 
resistance, it could start a fresh decline. Initial support on the downside is 
near the $1,650 level. The first major support sits near the $1,620 zone. A 
clear move below the $1,620 support might push the price toward the $1,600 
support. Any more losses might send the price toward the $1,550 region. The 
main support could be $1,500. 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 – $1,620 Major 
Resistance Level – $1,750

Ethereum price started a recovery wave above the $1,600 zone. ETH is now consolidating and might rally if there is a clear move above the $1,750 resistance. Ethereum started a recovery wave above the $1,600 zone. The price is trading above $1,620 and the 100-hourly Simple Moving Average. There was a break above a key &#8230;

Ethereum Price Mounts An Impressive Recovery As Market Mood Shifts

The escalation may destabilize regional markets and heighten geopolitical 
tensions, influencing global economic and security dynamics.
The post Israel launches retaliatory air strikes on Iran amid ongoing conflict 
appeared first on Crypto Briefing.

The escalation may destabilize regional markets and heighten geopolitical tensions, influencing global economic and security dynamics. The post Israel launches retaliatory air strikes on Iran amid ongoing conflict appeared first on Crypto Briefing.

Israel launches retaliatory air strikes on Iran amid ongoing conflict

Nvidia&#8217;s market dip highlights the volatility in AI investments and the 
broader semiconductor sector&#8217;s vulnerability to market sentiment shifts.
The post Nvidia falls below $5T market cap after single-day wipeout erases 
$320B appeared first on Crypto Briefing.

Nvidia&#8217;s market dip highlights the volatility in AI investments and the broader semiconductor sector&#8217;s vulnerability to market sentiment shifts. The post Nvidia falls below $5T market cap after single-day wipeout erases $320B appeared first on Crypto Briefing.

Nvidia falls below $5T market cap after single-day wipeout erases $320B

The depletion of US crude inventories heightens market volatility risks, 
potentially driving up prices and impacting global energy stability.
The post US crude inventories fall to lowest levels in over 20 years appeared 
first on Crypto Briefing.

The depletion of US crude inventories heightens market volatility risks, potentially driving up prices and impacting global energy stability. The post US crude inventories fall to lowest levels in over 20 years appeared first on Crypto Briefing.

US crude inventories fall to lowest levels in over 20 years

Strategy’s bitcoin buying model is facing new scrutiny after Grayscale warned 
that current share prices could limit future accumulation. The concern 
followed a bitcoin sale, STRC dividend pressure, and questions over whether 
Strategy can keep funding purchases without stronger investor demand. 
Grayscale Flags Rising Risks to Strategy’s Bitcoin Accumulation Machine 
Strategy’s bitcoin strategy is facing […]

Strategy’s bitcoin buying model is facing new scrutiny after Grayscale warned that current share prices could limit future accumulation. The concern followed a bitcoin sale, STRC dividend pressure, and questions over whether Strategy can keep funding purchases without stronger investor demand. Grayscale Flags Rising Risks to Strategy’s Bitcoin Accumulation Machine Strategy’s bitcoin strategy is facing &#8230;

Grayscale Warns Strategy May Struggle to Keep Buying Bitcoin

XRP price started a recovery wave above $1.10 and $1.1250. The price is now 
consolidating and might aim for a fresh move if it clears $1.1730. XRP price 
started a recovery wave above the $1.1250 zone. The price is now trading below 
$1.1220 and the 100-hourly Simple Moving Average. There was a break above a 
bearish trend line with resistance at $1.10 on the hourly chart of the XRP/USD 
pair (data source from Kraken). The pair could continue to move up if it 
settles above $1.1250. XRP Price Eyes More Gains XRP price remained supported 
above $1.050 and started a recovery wave, like Bitcoin and Ethereum. The price 
was able to climb above $1.10 and $1.120 to enter a short-term positive zone. 
There was a break above a bearish trend line with resistance at $1.10 on the 
hourly chart of the XRP/USD pair. The bulls pushed the price above the 23.6% 
Fib retracement level of the downward move from the $1.3640 swing high to the 
$1.052 swing low. The price is now trading above $1.120 and the 100-hourly 
Simple Moving Average. If there is a fresh upward move, the price might face 
resistance near the $1.1720 level. The first major resistance is near the 
$1.2080 level and the 50% Fib retracement level of the downward move from the 
$1.3640 swing high to the $1.052 swing low. A close above $1.2080 could send 
the price to $1.2150. The next hurdle sits at $1.220. A clear move above the 
$1.220 resistance might send the price toward the $1.2450 resistance. Any more 
gains might send the price toward the $1.2620 resistance. Another Decline? If 
XRP fails to clear the $1.1740 resistance zone, it could start a fresh 
decline. Initial support on the downside is near the $1.1250 level. The next 
major support is near the $1.110 level. If there is a downside break and a 
close below the $1.110 level, the price might continue to decline toward 
$1.080. The next major support sits near the $1.050 zone, below which the 
price could continue lower toward $1.00. Technical Indicators Hourly MACD – 
The MACD for XRP/USD is now gaining pace in the bullish zone. Hourly RSI 
(Relative Strength Index) – The RSI for XRP/USD is now above the 50 level. 
Major Support Levels – $1.1250 and $1.1200. Major Resistance Levels – $1740 
and $1.2080.

XRP price started a recovery wave above $1.10 and $1.1250. The price is now consolidating and might aim for a fresh move if it clears $1.1730. XRP price started a recovery wave above the $1.1250 zone. The price is now trading below $1.1220 and the 100-hourly Simple Moving Average. There was a break above a &#8230;

Ethereum Price Mounts An Impressive Recovery As Market Mood Shifts

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