{"content":"🪨 ETH Rejected Again — What’s Blocking the Bull Run? Ethereum reversed gains and tested $2,320. ETH is suffering and may fall below $2,220. Ethereum touched $2,320 after correcting from $2,580. The price is below $2,500 and the 100-hour SMA. On the hourly ETH/USD chart, a negative trend line connects to $2,540 barrier. If it breaks $2,550, the pair may strengthen. Ethereum Drops Again Unlike Bitcoin, Ethereum struggled to break $2,520 and corrected downward. ETH traded below $2,500 and $2,440. Bears pushed the price below the 50% Fib retracement line of the $2,308 swing low to $2,509 high upward advance. Bulls were active at $2,400, even though the price soared below $2,440. The price remains above the 61.8% Fib retracement line of the $2,308 swing low to $2,509 high upward advance. Ethereum has fallen below $2,450 and the 100-hour SMA. On the hourly ETH/USD chart, a negative trend line connects to resistance at $2,540. Another rise might hit resistance at $2,460. Around $2,500 is the next major resistance. First big barrier is between $2,550 and the trend line. A clean break over $2,550 might push the price above $2,580. Above $2,580 barrier might lead to greater advances in the following sessions. Ether may soar to $2,700 or $2,780 soon. Another ETH drop? Ethereum may fall again if it fails to break $2,500. Initially, downside support is at $2,400. First significant support is around $2,350. A decisive break below $2,350 might bring the price below $2,320. If losses continue, the price may reach $2,220 support. Next important support is $2,120. Tech Indicators The negative MACD for ETH/USD is growing. Hourly RSI: ETH/USD is below 50. Major Support: $2,400 Major Resistance: $2,500 #EthereumSecurityInitiative #ETH #CryptoRegulation #LaunchpadWars $ETH ","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025052025/05/19/7b308164ce12470ca84a5ed0795b992a.png"],"tags":[],"tradingPairs":["BTC/USDT"],"quotearticleid":0}