Ethereum Could Fall Below $2,200 if Broader Crypto Correction Persists

Ethereum has closed below the 100-day Exponential Moving Average at $2,376, a level that previously acted as resistance. The price is now trading at $2,322, having failed to sustain a move above $2,400. With the MACD lines approaching the neutral zone and the RSI hovering near 58, bullish momentum is fading. If the daily candle closes below $2,211, the next immediate support levels at $2,107 and $1,909 become vulnerable. A sustained move past $2,200 would open the path for further losses, with $1,909 and beyond in sight.