{"content":"🔥 Ethereum Faces Selling Heat — Bounce Incoming or Just Beginning to Fall? Below $2,620, Ethereum price fell again. ETH is consolidating losses and might lose further below $2,500. Ethereum fell below $2,600 again. The price is below $2,540 and the 100-hour SMA. The hourly ETH/USD chart shows a rising channel with support at $2,480. If it breaks $2,565 barrier, the pair may rise again. Ethereum Price Resistance Like Bitcoin, Ethereum fell below $2,620. ETH fell below $2,600 and $2,550. Bears drove the price below $2,500. After testing $2,450, the pair began consolidating. A little advance over $2,500 occurred. The price rose over the 23.6% Fib retracement of the negative wave from $2,680 swing high to $2,455 low. Ethereum has fallen below $2,550 and the 100-hour SMA. The hourly ETH/USD chart shows a rising channel with support at $2,480. Price may find resistance at $2,540 on the upside. Near $2,565 is the next major resistance. It is around the 50% Fib retracement level of the $2,680 swing high to $2,455 low falling wave. Near $2,625 is the first substantial resistance. A clean break over $2,625 might push the price above $2,680. Above $2,680 barrier might lead to greater advances in the following sessions. Ether may soar to $2,800 or $2,880 soon. Another ETH drop? Ethereum may fall again if it fails to break $2,540. The downside has first support at $2,480. First significant support is around $2,450. A decisive break below $2,450 might bring the price around $2,320. More losses might push the price toward $2,240. Next important support is $2,150. Tech Indicators ETH/USD hourly MACD is losing momentum in the negative zone. Hourly RSI: ETH/USD is below 50. Major Support—$2,450 Major Resistance: $2,540 #ETH #PowellRemarks #CryptoStocks #IsraelIranConflict $ETH $BTC $XRP ","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025062025/06/19/04d000c7b31a45b2bf522d17985999ff.png"],"tags":[],"tradingPairs":["XRP/USDT"],"quotearticleid":0}