Billions Network has launched its mobile identity app for Android and iOS, offering AI-resistant, privacy-preserving verification using NFC-based document checks and zero-knowledge proofs.

New Billions app offers secure ID checks without invasive biometrics

Ethereum has bounced back sharply, reclaiming the $2,400 level after a 
volatile week marked by geopolitical tensions in the Middle East. Last 
weekend, ETH briefly dipped below the $2,200 mark as panic selling swept 
across global markets following US attacks on Iranian nuclear facilities. The 
sell-off triggered a sharp fakeout that briefly pushed ETH out of its multi- 
week trading range. However, bulls are regaining control, and Ethereum’s price 
action now signals the early stages of a potential recovery rally. Related 
Reading: Ethereum Gears Up For Breakout Above $2,800 – Bullish Momentum Builds 
Top analyst Ted Pillows shared a technical analysis highlighting that Ethereum 
is reclaiming the key $2,444 resistance level — a zone that previously acted 
as both support and resistance throughout May and June. If bulls maintain 
momentum above this threshold, it could open the door for a bullish 
continuation toward the higher end of the established range. While uncertainty 
remains due to lingering macroeconomic and geopolitical risks, Ethereum’s 
current structure shows renewed strength. Market participants are watching 
closely, as ETH often serves as a leading indicator for broader altcoin 
performance. Holding above $2,400 could become a catalyst for a broader rally, 
especially if Bitcoin continues to stabilize and approach new all-time highs. 
Ethereum Battles For Breakout As Market Awaits Direction Ethereum is trading 
at a critical juncture after a turbulent week of price action driven by 
geopolitical instability and macroeconomic uncertainty. Following a sharp drop 
below $2,200 amid panic selling over the Middle East conflict escalation, ETH 
has recovered significantly, now hovering around the $2,444 level. This price 
zone is key, not only as a technical resistance but also as a sentiment marker 
for traders watching for signs of a trend reversal or confirmation of a deeper 
pullback. Analysts remain divided on what comes next. Some believe Ethereum’s 
recent recovery could signal the beginning of a bullish continuation, 
especially if price action holds and pushes above the upper range levels near 
$2,600. A breakout from this zone would indicate renewed strength and could 
set the tone for a broader altcoin rally, particularly as Ethereum often leads 
sector momentum. Others, however, warn that the recovery might be short-lived, 
and a retreat to lower demand zones could occur if macro conditions worsen. 
Ted Pillows notes that Ethereum is currently reclaiming the $2,444 resistance 
level. He emphasizes that bullish continuation into the range highs is 
necessary to confirm breakout strength. Until then, traders are watching 
closely, as any rejection at this level could shift momentum back to the 
downside. With global tensions and monetary tightening from central banks 
continuing to influence markets, the coming weeks may determine whether ETH 
enters a new uptrend or retreats further into its long-standing consolidation 
range. Related Reading: Chainlink Reclaims Key Structure – Quiet Accumulation 
Could Fuel $25–$30 Surge ETH Faces Long-Term Resistance The weekly chart of 
Ethereum (ETH/USD) shows a strong recovery from the $2,189 low, with ETH 
currently trading at $2,463 — a 10.5% gain so far this week. This sharp bounce 
comes after a fakeout below the $2,200 level and suggests renewed buying 
pressure following recent geopolitical volatility. However, price is now 
testing a major confluence zone formed by the 50-week ($2,660), 100-week 
($2,625), and 200-week ($2,437) simple moving averages. This cluster of moving 
averages is acting as resistance, capping ETH’s upside momentum. Historically, 
when Ethereum breaks through these long-term trend lines, a significant trend 
continuation follows. But for now, bulls must decisively clear this 
$2,450–$2,660 zone to confirm a breakout and open the door toward the $3,000 
psychological level. Related Reading: Bitcoin Buy-Side Pressure Surges: Taker 
Buy Volume Spikes Sharply Volume has slightly increased, indicating rising 
interest, but the rejection wicks from prior weekly candles suggest the market 
remains indecisive. As long as ETH holds above the 200-week SMA ($2,437), the 
structure remains constructive, but a breakdown below it would likely 
reintroduce bearish sentiment. Featured image from Dall-E, chart from 
TradingView

Ethereum Reclaims $2,444 Level – Bullish Continuation In Focus

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