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