
{"id":72053,"date":"2025-06-06T01:48:18","date_gmt":"2025-06-06T01:48:18","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=72053"},"modified":"2025-06-06T01:48:18","modified_gmt":"2025-06-06T01:48:18","slug":"ethereum-price-dips-below-2500-investors-eye-key-support-levels","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=72053","title":{"rendered":"Ethereum Price Dips Below $2,500: Investors Eye Key Support Levels"},"content":{"rendered":"<p><em>Ethereum price started a fresh decline below the $2,550 zone. ETH is now showing a few bearish signs below the $2,500 pivot level.<\/em><\/p>\n<p>Ethereum started a fresh decline below the $2,550 level.<br \/>\nThe price is trading above $2,500 and the 100-hourly Simple Moving Average.<br \/>\nThere was a break below a key rising channel with support at $2,610 on the hourly chart of ETH\/USD (data feed via Kraken).<br \/>\nThe pair could extend losses if it trades below the $2,400 support zone in the near term.<\/p>\n<h2>Ethereum Price Consolidates Losses<\/h2>\n<p>Ethereum price started a fresh decline after it failed to surpass $2,650, like <a href=\"https:\/\/www.newsbtc.com\/analysis\/btc\/bitcoin-price-slips-104200\/\" target=\"_blank\" rel=\"noopener\">Bitcoin<\/a>. ETH price declined below the $2,565 and $2,550 support levels.<\/p>\n<p>Besides, there was a break below a <a href=\"https:\/\/www.newsbtc.com\/analysis\/eth\/ethereum-price-aims-higher-2665\/\" target=\"_blank\" rel=\"noopener\">key rising channel<\/a> with support at $2,610 on the hourly chart of ETH\/USD. The pair even dipped below the $2,500 support level. A low was formed at $2,394 and the price is now consolidating losses.<\/p>\n<p>Ethereum price is now trading below $2,500 and the 100-hourly Simple Moving Average. On the upside, the price could face resistance near the $2,460 level. It is close to the 23.6% Fib retracement level of the downward move from the $2,680 swing high to the $2,394 low.<\/p>\n<p>The next key resistance is near the $2,500 level. The first major resistance is near the $2,540 level. It is close to the 50% Fib retracement level of the downward move from the $2,680 swing high to the $2,394 low. A clear move above the $2,540 resistance might send the price toward the $2,600 resistance.<\/p>\n<p><a href=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2025\/06\/Ethereum_c1b328.png\"><\/a><\/p>\n<p>An upside break above the $2,600 resistance might call for more gains in the coming sessions. In the stated case, Ether could rise toward the $2,650 resistance zone or even $2,720 in the near term.<\/p>\n<h2>More Losses In ETH?<\/h2>\n<p>If Ethereum fails to clear the $2,500 resistance, it could start a fresh decline. Initial support on the downside is near the $2,400 level. The first major support sits near the $2,380 zone.<\/p>\n<p>A clear move below the $2,380 support might push the price toward the $2,350 support. Any more losses might send the price toward the $2,320 support level in the near term. The next key support sits at $2,250.<\/p>\n<p>Technical Indicators<\/p>\n<p>Hourly MACD<strong> \u2013 <\/strong>The MACD for ETH\/USD is gaining momentum in the bearish zone.<\/p>\n<p>Hourly RSI<strong> \u2013 <\/strong>The RSI for ETH\/USD is now below the 50 zone.<\/p>\n<p>Major Support Level \u2013 $2,320<\/p>\n<p>Major Resistance Level \u2013 $2,500<\/p>","protected":false},"excerpt":{"rendered":"<p>Ethereum price started a fresh decline below the $2,550 zone. ETH is now showing a few bearish signs below the $2,500 pivot level. Ethereum started a fresh decline below the $2,550 level. The price is trading above $2,500 and the 100-hourly Simple Moving Average. There was a break below a key rising channel with support [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":72054,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-72053","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/72053"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=72053"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/72053\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/72054"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=72053"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=72053"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=72053"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}