Latest Crypto Price Predictions: Bitcoin Stable, Ethereum and Ripple at Crucial Point

Updated

May 28, 2025

Gambar Latest Crypto Price Predictions: Bitcoin Stable, Ethereum and Ripple at Crucial Point

Jakarta, Pintu News – Bitcoin recorded a new record high on Thursday, May 22, breaking through the $109,000 price and reaching a new peak of $111,900. However, the asset experienced a sharp decline, finding support at $106,406 on May 24 before climbing back up. Currently, Bitcoin is trading at $110,050, up 2% in the last 24 hours.

Bitcoin (BTC) Price Analysis

Bitcoin (BTC) has performed impressively by reaching a new record high. After reaching $111,900, the asset briefly dropped but managed to maintain strong support above $106,000. The Relative Strength Index (RSI) is currently at 67, indicating that the market is still dominated by buyers.

However, there is potential for a reversal if the RSI reaches the overbought zone at 70. The Moving Average Convergence Divergence (MACD) analysis shows uncertainty in the market. If Bitcoin (BTC) falls below $106,000, it is likely to drop to $100,000, as previously predicted.

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Ethereum (ETH) Price Analysis

Ethereum was no less exciting with a rise from $1,700 to $2,700 in a short period of time. However, the asset has since declined and found support at $2,400. Currently, Ethereum (ETH) is trading at $2,579, up 3% in the last 24 hours.

Ethereum (ETH) momentum is currently quite strong with the RSI at 64, indicating further upside potential. However, the MACD indicator shows downside potential. If Ethereum (ETH) is unable to maintain support above the 200-day EMA at $2,447, the price could drop to $2,000. However, if it manages to hold, the price could reach $3,000.

Ripple (XRP) Price Analysis

Ripple managed to maintain support above $2.3 after dropping from the monthly peak of $2.6. The asset recorded a 2% gain in the last 24 hours. Ripple (XRP)’s RSI is in the neutral zone at 50, indicating uncertainty among traders.

The MACD indicator shows a bearish crossover, which could bring the price down to $2.23 if the current support does not hold. However, if Bitcoin (BTC) experiences another surge, Ripple (XRP) has the potential to reach an all-time high of $3.4.

Conclusion

With the current market dynamics, investors and traders should remain vigilant on the price movements of Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP). Maintaining a flexible strategy and being responsive to technical indicators will be key in taking advantage of these market fluctuations.

Also Read: Monero (XMR) Surprises Market with Spectacular Rise in May 2025, How Come?

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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.