Crypto Signals – May 23, 2025
Here are 3 updated crypto trading signals based on recent market trends and technical indicators:
1. Bitcoin (BTC) – BUY
Bitcoin is holding strong above $68,000 with bullish momentum and higher lows forming on the daily chart. RSI remains below overbought territory, signaling room for growth. A breakout toward $72,000 is expected if volume continues to rise.
2. Ethereum (ETH) – HOLD
Ethereum is consolidating near $3,700. It’s forming a symmetrical triangle, suggesting a potential breakout in either direction. Traders should wait for confirmation. For now, hold positions and monitor resistance near $3,800.
3. Solana (SOL) – SELL
Solana has faced rejection near $180 and shows signs of a pullback. RSI is turning down from overbought, and a retest of $155–$160 support is likely. Consider short-term selling or profit-taking.