key points:
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Bitcoin ETPs are witness to solid purchase, indicating that bulls expect uptrend to continue.
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Many major altcoins saw a pullback, but the lower levels continue to attract buyers.
Bitcoin (BTC) is trying to try above $ 109,588, which indicates purchase on every minor dip. Bitcoin has increased for seven consecutive weeks, and if the buyers can expand the streak for eight weeks, it clears the way for further. Crypto’s analyst and trader carp Noktom said in a post on X that Bitcoin has seen three examples of eight consecutive weekly positive shutdowns, and each time, Bitcoin has been more over the following 6 and 12 months period.
Institutional investors seem to have a long-term opportunity and, therefore, continue to pump money in bitcoin exchange-traded products (ETPs). Coinshares reported on 26 May that Bitcoin ETPS saw $ 2.9 billion in inflow last week, which is one -fourth of the total flow for 2024.
Although most analysts remain rapid over the long term, some are warning of a possible short -term pullback in bitcoins. Cryptoctive contributor Crazzyblockk wrote in a QuickTech blog post that the data reflects the exhaustion and increasing instability of the buyer, which can begin a short -term improvement towards $ 105,000.
Can buyers catapult to a new all-time high, which can pull altcoins more? Let’s analyze the top 10 cryptocurrency charts to find out.
S&P 500 Index Price Prediction
The S&P 500 Index (SPX) turned below 5,968 and reached a 20-day exponential moving average (5,759).
If the value is away from the 20-day EMA, the index may gradually climb towards an overhead resistance of 6,000. Vendors are expected to give a strong challenge in 6,000 to 6,147 zones.
The short-term benefit will close the beer on a brake and under the 20-day EMA. The index may then fall for a 50-day simple moving average (5,584), which is likely to attract buyers.
US Dollar Index Price Prediction
Bulls on 22 May tried to push the US dollar index (DXY) above the 20-day EMA (100.15), but Beers captured their land.
The sellers are trying to strengthen their position by pulling the price below 99 support. If they manage to do so, the index may continue its slide for concrete support at 97.92. Buyers are expected to defend the level of 97.92, as a break index below it can sink by 95.67.
Buyers will have to run and maintain the price above the 50-day SMA (101.26) to indicate and maintain the corrective phase.
Bitcoin value prediction
Bitcoin bulls are trying to advance and maintain the price above $ 109,588, showing that every minor dip is being purchased.
Amazing Moving Moving Averages and RSI overbott terytic signal that the least resistance is reverse. If buyers reduce the price above $ 111,980, the BTC/USDT pair can touch the sky up to $ 130,000.
The 20-day EMA ($ 104,886) has significant support to look out for the negative side. Short-term buyers can be wooed to book a break and closed profits below the 20-day EMA. This can immerse the pair at a psychologically important $ 100,000 level, where buyers are expected to mount a strong defense.
Ether value prediction
Ether (Ath) turned from the 20-day EMA ($ 2,425) on 25 May, indicating concrete demand at the lower levels.
Bulls will again try to run the price above $ 2,738 obstruction. If they are successful, the Eth/USDT pair may increase to $ 3,000. The bears will try to stop the move at $ 2,850, but the bull is likely to be strong.
If the price decreases with the current level or overhead resistance and breaks below the 20-day EMA, it suggests that the bulls are losing their grip. The pair can take a dip by $ 2,323 and then by $ 2,111.
XRP price prediction
The XRP (XRP) is oscillating between $ 2.65 and $ 2, indicating balance between buyers and sellers.
The flattened 20-day EMA ($ 2.34) and RSI near the midpoint do not give either clear advantage to the bull or bear. If the price increases and breaks above $ 2.48, the bulls will have to go another in $ 2.65 resistance. If they clean the overhead barrier, the XRP/USDT pair can increase to $ 3.
On the other hand, a brake and close below the 50-day SMA may immerse the pair for solid support at $ 2. Buyers are expected to strictly defend a level of $ 2 as a brake pair below it can drown up to $ 1.61.
BNB price prediction
BNB (BNB) has started moving towards overhead resistance of $ 693 after taking support in 20-day EMA ($ 652).
The 20-day EMA and RSI are indicating a profit to buyers in the positive area. If the bulls kick the price above $ 693, the BNB/USDT pair can rally rally from $ 732 to $ 761 overhead zone.
Conversely, if the price decreases and breaks below the 20-day EMA, it suggests that bears are trying to seize control. The pair can slip $ 633 and later up to a 50-day SMA ($ 617).
Solana value prediction
Solana (Sol) took support in the 20-day EMA ($ 169) on 25 May, showing that Bhavna remains positive and traders are buying on minor dips.
Bulls will again try to run the price above $ 188 overhead resistance. If they can turn it off, the SOL/USDT pair can grow to $ 210 and eventually $ 220.
Sellers will have to draw a price below 20-day EMA to prevent reversal. The pair can then immerse the 50-day SMA ($ 151), which is likely to act as solid support. A boom from the 50-day SMA may indicate a few days range-bound action between $ 153 and $ 188.
Connected: Solana after bitcoin? Network activity, chart pattern indicates at $ 300 soul price
Dogocine value prediction
Dogecoin (DOGE) is trading between $ 0.26 and $ 0.21, indicating the sale near support and sales close to resistance.
The price has bounced the 20-day EMA, opening gates for a rally and for overhead resistance of $ 0.26. Buyers will have to pierce the level of $ 0.26 to start the next stage of the uptrend to $ 0.30 and then by $ 0.35.
Alternatively, a break and close below $ 0.21 support shows that Bears are back in the game. The DOGE/USDT pair can swing within a large range between $ 0.26 and $ 0.14 for some time.
Cardano value prediction
Buyers are trying to place Cardano (ADA) above the neckline of the head and shoulder pattern, but have failed to start a strong rebound.
The 20-day EMA ($ 0.75) is leveling, and the RSI is near the midpoint, indicating the balance between supply and demand. Buyers will have to carry forward the price above $ 0.86 to tilt the profit in their favor. If they manage to do so, the ADA/USDT pair can rally up to $ 1.01.
Unlike this notion, if the price decreases and breaks under the neckline, it suggests that the bull has left. The pair may then fall in support of $ 0.60, which is likely to attract buyers.
Exaggerated value prediction
Hyperlicid (hyp) has been in a strong uptrend for the past several days. Buyers emphasized their domination by furthering the price above $ 35.73 resistance on 25 May.
Bulls will try to maintain speed and push the price by $ 42.25, where the bear is expected to step into. If buyers do not give more than $ 42.25 land, the uptrend may increase to $ 50.
The immediate support on the negative side is $ 35.73. If the Hype/USDT pair away from $ 35.73, it increases the possibility of a rally above $ 42.25. The sellers will achieve the upper hand on a break below $ 32.
There are no investment advice or recommendations in this article. Each investment and business move include risk, and readers should conduct their own research while taking decisions.
