{"content":"💣 Ethereum Tanks 10% — Bearish Momentum Building Fast? Ethereum resumed its fall below $2,500. ETH is stabilizing losses and may try to break $2,250. Ethereum resumed its slide below $2,350. The price is below $2,350 and the 100-hour SMA. On the hourly ETH/USD chart, a negative trend line with resistance at $2,280 is formed. If it breaks $2,320 barrier, the pair may rise again. Ethereum Price Might Recover Like Bitcoin, Ethereum fell below $2,500. ETH fell below $2,350 and $2,250. Bears drove the price below $2,200. After testing $2,120, the pair began consolidating. A little advance over $2,200 occurred. Price rose beyond the 23.6% Fib retracement level of the $2,568 swing high to $2,114 low decline. Ethereum has fallen below $2,300 and the 100-hour SMA. Price may find resistance at $2,250 on the upside. The hourly ETH/USD chart shows a negative trend line with resistance at $2,280. Around $2,340 is the next major resistance. It is around the 50% Fib retracement of the $2,568 swing high to $2,114 low decline. Near $2,400 is the first significant obstacle. A clean break over $2,400 might push the price above $2,500. Above $2,500 barrier might lead to additional advances in the following sessions. Ether might grow to $2,550 or $2,620 in the short future. More ETH losses? Ethereum may fall again if it fails to break $2,340. The downside has initial support at $2,200. First significant support is around $2,150. A decisive break below $2,150 might bring the price around $2,120. If losses continue, the price may reach $2,050 support. The next support is $2,000. Tech Indicators The negative MACD for ETH/USD is growing. Hourly RSI: ETH/USD is below 50. Major Support—$2,150 Major Resistance: $2,340 #ETH #MarketPullback #IsraelIranConflict $ETH $XRP ","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025062025/06/23/f79b3e1e5f4f444e9f1e9b5765b68ab0.png"],"tags":[],"tradingPairs":["XRP/USDT"],"quotearticleid":0}