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Coin Telegraph

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Image Credit: Coin Telegraph

Price predictions 5/26: SPX, DXY, BTC, ETH, XRP, BNB, SOL, DOGE, ADA, HYPE

  • Bitcoin ETPs continue to witness solid buying, indicating bullish expectations for the uptrend to persist.
  • Bitcoin striving to remain above $109,588, aiming for the eighth consecutive positive weekly close.
  • Institutional investors show long-term interest, with $2.9 billion inflows into Bitcoin ETPs noted.
  • Analysts warn of potential short-term correction in Bitcoin due to buyer exhaustion and increased volatility.
  • S&P 500 Index may climb towards 6,000 but faces strong resistance in the 6,000 to 6,147 zone.
  • US Dollar Index struggles around 99 support, potential to slide to 97.92 on a break below.
  • Bitcoin current focus on sustaining above $109,588, eyes $130,000 with robust support at $104,886.
  • Ether aims to breach $2,738 for a rally to $3,000, could drop to $2,111 if below 20-day EMA.
  • XRP range-bound between $2.65 and $2, eyes $3 on price break above $2.65, support at $2.
  • BNB moving towards $693 resistance with buyer advantage, bears eye $633 if below 20-EMA.

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