Crypto Price Predictions May 2025: Bitcoin and Altcoins Face Temporary Correction

Updated

May 13, 2025

Gambar Crypto Price Predictions May 2025: Bitcoin and Altcoins Face Temporary Correction

Jakarta, Pintu News – The cryptocurrency market is showing signs of correction after a significant price surge. Bitcoin is experiencing profit-taking near all-time highs, while several major altcoins are showing potential short-term declines before resuming the uptrend.

Bitcoin (BTC) Tests Support at $100,000

Bitcoin reached a peak of $105,819 (approximately Rp1.75 billion) before declining to below $103,000. The main support level is at $100,000 (about Rp1.65 billion), with additional support at the 20-day exponential moving average (EMA 20) at $97,238 (about Rp1.6 billion).

If the price manages to stay above $100,000, there is potential to resume the uptrend towards $130,000 (approx. IDR2.15 billion). However, a drop below the 20 EMA could open the way towards $93,000 (approx. IDR1.53 billion) and then to the 50-day simple moving average (SMA 50) at $89,302 (approx. IDR1.47 billion).

Also Read: Bitcoin Approaches Rp1.74 Billion: Trend Analysis and Challenges May 2025

Ethereum (ETH) Faces Pressure Around $2,550

Ethereum is trying to hold its price above $2,550, but selling pressure remains. If the price drops below $2,435, the ETH/USDT pair could fall to $2,320. If the price bounces off $2,320, there is a possibility of resuming the uptrend with a resistance target at $2,850. A break above this level could open the way to $3,000.

Other Altcoins: XRP, BNB, SOL, DOGE, ADA, and SUI

Ripple (XRP): XRP shows downside potential if it does not manage to break resistance at $0.65 (approx. IDR10,738). Key support is at $0.60 (approx. IDR9,912).
Binance Coin : BNB faces resistance at $650, with strong support at $600.
Solana (SOL): SOL is trying to break through resistance at $150 (approx. IDR 2.47 million), but if it fails, it could return to support at $135 (approx. IDR 2.23 million).
Dogecoin : DOGE is showing a bullish pattern with a potential upside of up to 180% if it manages to break the resistance at $0.10 (around Rp1,652).
Cardano : ADA faces resistance at $0.50 (approx. IDR8,260), with support at $0.45 (approx. IDR7,434).
Sui (SUI): SUI shows an uptrend with support at $1.20 (approx. IDR 19,824) and resistance at $1.50 (approx. IDR 24,780).

The S&P 500 Index and the US Dollar (DXY) Provide Macro Context

The S&P 500 Index (SPX) surged above the 5,800 resistance, indicating a positive sentiment in the stock market. If prices hold above this level, there is potential to reach 6,000 and even test the all-time high of 6,147.

The US Dollar Index (DXY) broke the 20-day EMA at 100.42, indicating that selling pressure is starting to ease. If the price holds above the 20-day EMA, there is a possibility to rise to 103.54 and then to 104.68.

Conclusion

The cryptocurrency market is currently experiencing a consolidation phase after a significant price surge. Bitcoin and major altcoins face important resistance that must be broken to continue the uptrend. Investors are advised to monitor key support and resistance levels and other technical indicators to make informed investment decisions.

Also Read: 3 Altcoins that Catch Analysts’ Attention Amid Positive Market Sentiment: Significant Growth!

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities are subject to high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying andselling Bitcoin and other crypto asset investments are the responsibility of the reader.

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