3 hours ago
Ethereum price started a fresh decline from the $2,850 resistance zone. ETH is down over 10% and is struggling to stay above the $2,500 level. Ethereum is facing an increase in selling below the $2,650 zone. The price is trading below $2,750 and the 100-hourly Simple Moving Average. There is a short-term bearish trend line forming with resistance at $2,600 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a decent upward move if it settles above $2,600 and $2,650. Ethereum Price Takes A Hit Ethereum price failed to clear the $2,850 resistance zone and started a fresh decline, like Bitcoin . ETH gained pace below the $2,720 and $2,650 support levels to enter a bearish zone. The price declined over 10% and even declined below the $2,550 support zone. A low was formed at $2,458 and the price is now consolidating losses below the 23.6% Fib retracement level of the downward move from the $2,854 swing high to the $2,458 low. Ethereum price is now trading below $2,600 and the 100-hourly Simple Moving Average . There is also a short-term bearish trend line forming with resistance at $2,600 on the hourly chart of ETH/USD. On the upside, the price seems to be facing hurdles near the $2,550 level. The first major resistance is near the $2,600 level. The main resistance is now forming near $2,650 or the 50% Fib retracement level of the downward move from the $2,854 swing high to the $2,458 low. A clear move above the $2,650 resistance might send the price toward the $2,750 resistance. An upside break above the $2,750 resistance might call for more gains in the coming sessions. In the stated case, Ether could rise toward the $2,850 resistance zone or even $2,920 in the near term. More Losses In ETH? If Ethereum fails to clear the $2,600 resistance, it could start another decline. Initial support on the downside is near the $2,550 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 $2,250 support level in the near term. The next key support sits at $2,120. Technical Indicators Hourly MACD – The MACD for ETH/USD is gaining 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 – $2,650
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Bitcoin Faces Increased Market Sensitivity as Tariffs Trigger Nearly $1 Billion Liquidation
Bitcoin experienced a significant downturn, dropping below $92,000, spurred by President Trump’s announcement of tariffs on Canada and Mexico. This drastic shift in the crypto market underscores Bitcoin’s escalating sensitivity NewsBTC
XRP Leads Altcoin Inflows with $38.3M Amid Surging Investor Interest: CoinShares
Investors pulled $508 million from digital asset investment products last week, pushing two-week outflows to $924 million. This reversal comes after an 18-week period of inflows totaling $29 billion. CoinShares attributed the decline to market caution following the US Presidential inauguration, with concerns over trade tariffs, inflation, and monetary policies unsettling investors. The period also witnessed a weakening trading activity, with turnover plunging from $22 billion to $13 billion over the past two weeks. Investors Flock to XRP According to the latest volume of CoinShares’ Digital Asset Fund Flows Weekly Report , Bitcoin experienced significant outflows of $571 million as it remained the main focus for investors. Meanwhile, some traders increased their bearish bets, as short-Bitcoin products attracted $2.8 million in inflows over the week. Interestingly, investor interest in altcoins remained strong, as seen with XRP, which topped the list with $38.3 million in inflows last week. Since mid-November 2025, XRP has drawn $819 million, driven by hopes of a positive resolution in the US Securities and Exchange (SEC) case. The US SEC has also seen a notable increase in spot XRP ETF applications recently. Several financial firms, including Canary Capital, WisdomTree, Bitwise, CoinShares, and 21Shares, have submitted filings over the past few weeks. The securities regulator has already acknowledged these applications amidst growing demand for XRP-based exchange-traded products within the investment community. Meanwhile, Solana followed suit with $8.9 million, while Ethereum and Sui raked in $3.7 million and $1.47 million, respectively. Multi-asset products saw $3.1 million in inflows, whereas Litecoin and Cardano ended the week with modest inflows of $1.1 million and $0.1 million. $560M Exits US Markets The United States dominated regional flows with significant outflows totaling $560 million. A similar trend was seen across Hong Kong and Brazil as each recorded outflows of around $3 million. During the same period, Canada experienced a slight withdrawal of funds amounting to $2 million over the period. Europe, on the other hand, exhibited stronger investor confidence, as evidenced by steady inflows. For instance, Germany and Switzerland received $30.5 million and $15.8 million, respectively. Both Sweden and Australia attracted close to $5 million in inflows. The post XRP Leads Altcoin Inflows with $38.3M Amid Surging Investor Interest: CoinShares appeared first on CryptoPotato . NewsBTC
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