Price predictions 5/26: SPX, DXY, BTC, ETH, XRP, BNB, SOL, DOGE, ADA, HYPE
Bitcoin continues to be bought at each dip, but overcoming a critical overhead resistance could determine the next steps for many altcoins.
Key points:
Bitcoin ETPs continue to witness solid buying, signaling that the bulls expect the uptrend to continue.
Several major altcoins witnessed a pullback, but lower levels continue to attract buyers.
Bitcoin
$109,708
is attempting to sustain above $109,588, indicating buying on every minor dip. Bitcoin has risen for seven consecutive weeks, and if buyers can extend the streak to eight weeks, it clears the path for further upside. Crypto analyst and trader Carpe Noctom said in a post on X that Bitcoin has only seen three instances of eight consecutive weekly positive closes, and every time, Bitcoin has been higher in the following six- and 12-month time .
Bitcoin price prediction
Bitcoin bulls are trying to push and sustain the price above $109,588, indicating that every minor dip is being purchased
Ether price prediction
Ether
ETH
$2,639
turned up from the 20-day EMA ($2,425) on May 25, indicating solid demand at lower levels.
XRP price prediction
XRP
$2.32
has been oscillating between $2.65 and $2, signaling equilibrium between buyers and sellers.
BNB price prediction
BNB
$682.68
has started to move toward the overhead resistance of $693 after taking support at the 20-day EMA ($652).
Solana price prediction
SOL
$176.59
took support at the 20-day EMA ($169) on May 25, indicating that the sentiment remains positive and traders are buying on minor dips.
Dogecoin price prediction
DOGE
$0.2283
has been trading between $0.26 and $0.21, signaling buying near the support and selling close to the resistance.
Cardano price prediction
Buyers are trying to keep Cardano
ADA
$0.7687
above the neckline of the inverse head-and-shoulders pattern but have failed to start a strong rebound.
