Ethereum price started a fresh decline and traded below $2,080. ETH is now consolidating above $2,050 and might struggle to recover. Ethereum remained in a bearish zone after a fresh decline. The price is trading below $2,100 and the 100-hourly Simple Moving Average. There was a break below a bullish trend line with support at $2,095 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move down if it stays below the $2,100 zone. Ethereum Price Consolidates Losses Ethereum price failed to remain stable above $2,120 and started a downside correction, like Bitcoin. ETH price dipped below the $2,110 and $2,100 levels. The price even traded below $2,080. Besides, there was a break below a bullish trend line with support at $2,095 on the hourly chart of ETH/USD. A low was formed at $2,052, and the price is now attempting to recover. There was a recovery wave above the 23.6% Fib retracement level of the downward move from the $2,138 swing high to the $2,052 low.
Dogecoin corrected some gains from the $0.1050 zone against the US Dollar. DOGE is now holding the $0.10 support but could extend losses. DOGE price started a fresh downside correction below $0.1020. The price is trading below the $0.1020 level and the 100-hourly simple moving average. There is a bearish trend line forming with resistance at $0.1020 on the hourly chart of the DOGE/USD pair (data source from Kraken). The price could aim for a fresh increase if it remains stable above $0.10. Dogecoin Price Holds Support Dogecoin price started a downside correction after it failed to surpass $0.1050, like Bitcoin and Ethereum. DOGE declined below the $0.1035 and $0.1020 levels. There was a move below the 50% Fib retracement level of the upward move from the $0.0968 swing low to the $0.1048 high. The price even spiked below $0.10 before the bulls appeared. Besides, there is a bearish trend line forming with resistance at $0.1020 on the hourly chart of the DOGE/USD pair. Dogecoin price is n
XRP price started a downside correction below the $1.350 zone. The price is now showing bearish signs and might decline further below $1.3120. XRP price started a downside correction after it failed to stay above the $1.350 zone. The price is now trading below $1.340 and the 100-hourly Simple Moving Average. There is a bearish trend line forming with resistance at $1.3580 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could continue to move down if it stays below $1.3550. XRP Price Dips Below Support XRP price struggled to stay above $1.3650 and started a fresh decline, like Bitcoin and Ethereum. The price dipped below the $1.3550 and $1.3500 levels. The price declined below $1.340. There was a clear move below the 61.8% Fib retracement level of the upward move from the $1.30 swing low to the $1.3740 high. Besides, there is a bearish trend line forming with resistance at $1.3580 on the hourly chart of the XRP/USD pair. The price is now trading below $1.340
Ethereum trades near $2,073 as bulls watch $2,500 and $3,100 SMA levels for signs of a stronger trend reversal. Ethereum bulls watch $2,500 and $3,100 SMA levels as key triggers for a possible uptrend. ETH remains near support, while weak momentum keeps pressure on buyers. A reclaim of the 200-week SMA and a break above […]
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CME launches AVAX and SUI futures, giving institutional traders new crypto tools for hedging, risk management, and diversification. CME launches AVAX and SUI futures for trading, expanding its crypto derivatives range beyond Bitcoin, Ethereum, and Solana. The new contracts are designed for institutional and professional traders seeking listed tools to manage crypto exposure, hedge risk, […]
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Hyperliquid's expansion into Ethereum options could enhance decentralized finance's competitiveness, offering nuanced trading strategies and boosting token economics.
The post Hyperliquid introduces native options for Ethereum on its platform appeared first on Crypto Briefing.
