Hameedullahkhan02510

Another Decline In $ETH ?

If ##ETH🔥🔥🔥🔥🔥🔥 fails to clear the $2,540 resistance, it could start a fresh decline. Initial support on the downside is near the $2,480 level. The first major support sits near the $2,450 zone.

A clear move below the $2,450 support might push the price toward the $2,320 support. Any more losses might send the price toward the $2,240 support level in the near term. The next key support sits at $2,150.

Technical Indicators

Hourly MACD – The #MACD for ETH/USD is losing momentum in the bearish zone.

Hourly RSI – The RSI for ETH/USD is now below the 50 zone.

Major Support Level – $2,450

Major Resistance Level – $2,540

$ETH #price_Faces_Downward_Pressure — More_Pain_Before_a_Bounce?
Ethereum price started a fresh decline below the $2,620 zone. ETH is now consolidating losses and remains at risk of more losses below $2,500.

Ethereum started a fresh decline below the $2,600 level.
The price is trading below $2,540 and the 100-hourly Simple Moving Average.
There is a rising channel forming with support at $2,480 on the hourly chart of ETH/USD (data feed via Kraken).
The pair could start a fresh increase if it clears the $2,565 resistance zone in the near term.
Ethereum Price Faces Resistance

Ethereum price started a fresh decline below the $2,620 pivot level, like Bitcoin. ETH price declined below the $2,600 and $2,550 levels.

The bears even pushed the price below the $2,500 level. The pair tested the $2,450 zone and started a consolidation phase. There was a minor move above the $2,500 level. The price climbed above the 23.6% Fib retracement level of the downward wave from the $2,680 swing high to the $2,455 low.

Ethereum price is now trading below $2,550 and the 100-hourly Simple Moving Average. Besides, there is a rising channel forming with support at $2,480 on the hourly chart of ETH/USD.

On the upside, the price could face resistance near the $2,540 level. The next key resistance is near the $2,565 level. It is close to the 50% Fib retracement level of the downward wave from the $2,680 swing high to the $2,455 low. The first major resistance is near the $2,625 level.

$BTC $ETH $XRP
!!TIME to RUN!!
GOUP............

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Market Musing
Ripple Anticipates Settlement Approval in #SEC Lawsuit
BRAD#SEC
would
WOULD
CEO
Coinlineup.com
By Coinlineup.com
10 hours ago
•
2 mins read
Ripple Anticipates Settlement Approval in #SEC Lawsuit
Key Points:
Main event, expert predictions suggest settlement approval with significant financial implications.
Judge likely to approve revised joint motion, removing litigation burden.
#XRP community optimistic about regulatory clarity aiding market growth.
Ripple Anticipates Settlement Approval in SEC Lawsuit
Ripple’s settlement proposal could resolve its lengthy legal dispute with the SEC, providing crucial regulatory clarity. The anticipated approval is expected to influence #Xrp🔥🔥 RP's market dynamics promptly.
Ripple, led by CEO Brad Garlinghouse, and the SEC aim to end their legal conflict over alleged unregistered XRP sales. The proposed settlement would allocate$50 million to the SEC as a civil penalty while returning $75 million to Ripple's escrow. Attorney Deaton assesses a 70% chance that Judge Analisa* Torres will approve this. If granted, this brings financial relief and clarity to Ripple, enhancing its market position and potentially boosting XRP sales and partnerships. Ripple's situation may influence regulatory approaches toward other digital assets. $XRP
XRP's price showed upward movement in anticipation of a favorable ruling. The funds' release into Ripple's liquidity may accelerate expansion plans, denoting significant operational changes. Ripple's community remains hopeful, seeing legal resolution as a pivotal factor for future growth and institutional collaboration.