•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
Ethereum price started a fresh decline and traded below $2,265. ETH is now consolidating above $2,220 and may struggle to recover if it cannot break key resistance levels.
Ethereum began a downside correction below the $2,265 zone. The price is trading below $2,280 and the 100-hourly Simple Moving Average. On the hourly chart of ETH/USD, a bearish trend line is forming, with resistance around $2,285 (data feed via Kraken).
ETH dipped below $2,280 and $2,265, and it even traded below $2,250. A low was formed at $2,233, and the price is now consolidating losses. There was a minor upward move above the 23.6% Fib retracement level of the decline from the $2,322 swing high to the $2,233 low.
If bulls remain active above $2,220, the price could attempt another increase. Immediate resistance is near $2,265. The first key resistance is around $2,285, which also aligns with the 61.8% Fib retracement level of the move from $2,322 to $2,233 and the bearish trend line.
The next major resistance is near $2,320. A clear move above $2,320 could push ETH toward $2,350. If price breaks above the $2,350 region, it may open the way for further gains toward the $2,400 resistance zone, and potentially $2,420 in the near term.
If Ethereum fails to clear the $2,285 resistance, it could start a fresh decline. Initial support on the downside is near $2,250, followed by a first major support around the $2,220 zone.
A clear move below $2,220 might push the price toward $2,180. Additional losses could extend toward the $2,120 region, with main support cited at $2,080.
Source: ETHUSD on TradingView.com
Premium gym chains are entering a “golden era” that is ending or already in decline, as rising operating costs collide with shifting consumer preferences toward more flexible, community-based ways to exercise. Long-term memberships are shrinking, margins are pressured by higher rents and facility expenses, and competition from smaller, more personalized…
