TRENDING:
Oil price
XAU/USD
EUR/USD
GBP/USD
Silver
Sponsored by
Login
|

Cryptocurrencies Price Prediction: Ethereum, Pyth Network & SUI – American Wrap 19 May

Cryptocurrencies Price Prediction: Ethereum, Pyth Network & SUI – American Wrap 19 May
FXStreet TeamFXStreet TeamFXStreet

Ethereum could surprise haters, Arthur Hayes bets big on ETH 

Ethereum (ETH) trades close to key support at $2,400 on Monday. The largest altcoin’s on-chain indicators currently support a bearish thesis for Ether, as seen on IntoTheBlock. 

Ethereum

Pyth Network could extend losses targeting $0.1 ahead of mega $298 million token unlock 

Pyth Network's (PYTH) price steep decline to $0.135, down over 13% on Monday, mirrors volatile swings in the broader cryptocurrency market. The first-party oracle token, known for real-time market data to financial decentralized applications (dApps), flaunts a weakening technical structure amid mixed sentiment ahead of a gigantic token unlock event expected on Tuesday.

Sui rally stalls amid $9.3 million weekly fund inflows and price swings in the broader market

Sui's (SUI) price faces headwinds around $3.71 on Monday, following a slightly bullish Sunday. The layer-1 blockchain token has, since the sentiment-driven rally to $4.30 on May 12, been confined below $4.00 despite consistency in digital asset inflows, which reached $9.3 million last week.

 

Author

FXStreet Team

Composed of a group of economic journalists and FX experts, the FXStreet content team produces and oversees all content published on FXStreet. It provides a purely journalistic approach to the Forex market.

More from FXStreet Team
Share:

Editor's Picks

XRP retreats as ETF interest cools

XRP retreats as ETF interest cools

Ripple (XRP) slides toward the short-term $1.10 support on Friday, as broader crypto market sentiment weighs on crypto assets. The sell-off mainly stems from fears of inflation in the United States (US) amid the ongoing war in the Middle East and rising Oil prices.
Crypto Today: Bitcoin, Ethereum, XRP pare losses as breakout potential builds

Crypto Today: Bitcoin, Ethereum, XRP pare losses as breakout potential builds

Bitcoin (BTC) is edging higher on Friday, albeit gradually, after reclaiming support above $65,000. Meanwhile, Ethereum (ETH) shows signs of stability near the immediate $1,900 hurdle, backed by mild capital inflows. Ripple (XRP), on the other hand, holds above the pivotal $1.10, with its upside structurally constrained below $1.15.
Bitcoin Weekly Forecast: BTC holds firm, but the $100 Oil threat could change the game

Bitcoin Weekly Forecast: BTC holds firm, but the $100 Oil threat could change the game

Bitcoin (BTC) is modestly recovering, trading at $65,400 on Friday and holding firmly above the key support zone. US-listed spot Bitcoin Exchange Traded Funds (ETFs) supported BTC’s modest recovery as they continued to attract institutional inflows through Thursday, pointing to the third consecutive week of inflows.
Crypto shrugs off a stronger Dollar

Crypto shrugs off a stronger Dollar

Cryptocurrencies have been affected by jitters in traditional financial markets, losing 0.8% of their market capitalisation over the past 24 hours to $2.23T, dipping to a low of $2.21T at the start of active trading in Asia.
Bitcoin: BTC holds firm, but the $100 Oil threat could change the game

Bitcoin: BTC holds firm, but the $100 Oil threat could change the game

Bitcoin (BTC) is modestly recovering, trading at $65,400 on Friday and holding firmly above the key support zone. US-listed spot Bitcoin Exchange Traded Funds (ETFs) supported BTC’s modest recovery as they continued to attract institutional inflows through Thursday, pointing to the third consecutive week of inflows.