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Cryptocurrencies Price Prediction: Ethereum, Virtual & Bitcoin – Asian Wrap 28 May

Top 3 Price Prediction: Bitcoin, Ethereum, Ripple – BTC, ETH and XRP show early signs of exhaustion

Ethereum price retested and found support around its 200-day Exponential Moving Average (EMA) at $2,451 on Sunday, and it recovered 5% by Tuesday. At the time of writing on Wednesday, it trades at around $2,640, nearing its key resistance level at $2,724. If ETH faces rejection from its daily level at $2,724 and closes below its 200-day EMA, it could extend the decline to retest its next support level at $2,247, its 50-day EMA.

Top Gainers VIRTUALS, CAKE, INJ: Altcoins soar with new features and trading volume surge

The broader cryptocurrency market maintains an upbeat trend with altcoins leading the recovery as Bitcoin (BTC) takes a breather at $108k. Top gainers, such as Virtuals Protocol (VIRTUAL), PancakeSwap (CAKE), and Injective Protocol (INJ), dominate the chart, driven by either feature upgrades or a surge in the platform’s trading volume. Virtuals Protocol announced the TP cooldown history feature live as part of a new genesis update, providing more transparency and context to suppression points while offering reasons to help Virgens understand their cooldown status.

Bitcoin hints at a sustainable rally following institutional and whale accumulation

Bitcoin (BTC) traded at $109,880 on Tuesday as whales doubled down on the recent price correction despite a lack of growth in key metrics. Bitcoin's recent rally was driven by increased institutional and whale accumulation over the past week, resulting in $2.9 billion in inflows into US spot Bitcoin exchange-traded funds (ETFs).

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Bitcoin Weekly Forecast: BTC retreats as macro headwinds grow
Bitcoin (BTC) remains under pressure, down over 4% this week and trading around $76,900 at the time of writing on Friday. Institutional demand shows signs of weakness as spot BTC Exchange Traded Funds (ETFs) are on track to end their three-week inflow streak, recording nearly $500 million in net outflows through Thursday.
XRP falls toward key support as macro uncertainty, weak momentum cap recovery
Ripple (XRP) falls below $1.33 on Friday, marking the third consecutive day of declines. The token continues to track the broader cryptocurrency market downturn, with investors closely monitoring heightened macroeconomic uncertainty ahead of the United States (US) Consumer Price Index (CPI) release and next week’s Federal Reserve (Fed) monetary policy decision.
Crypto Today: Bitcoin, Ethereum, XRP stabilize at lower levels amid ETF outflows and macroeconomic risks
The broader cryptocurrency market is rising on Friday, with Bitcoin (BTC) trading above $77,000 after testing lower support near $76,500. Ethereum (ETH) shows signs of stability, hovering above the support provided at $2,400 despite capped upside at $2,500. Meanwhile, Ripple (XRP) holds above $1.33 after three straight days of declines, reflecting growing headwinds due to macroeconomic uncertainty.
Bitcoin pulls back as another golden cross fails to deliver
Earlier this week, Bitcoin formed a golden cross, a technical signal that occurs when the price’s 50-day moving average rises above the 200-day moving average and is conventionally viewed as a precursor to a bullish rally. Historically, however, that’s often not been the case.
Bitcoin: BTC retreats as macro headwinds grow
Bitcoin (BTC) remains under pressure, down over 4% this week and trading around $76,900 at the time of writing on Friday. Institutional demand shows signs of weakness as spot BTC Exchange Traded Funds (ETFs) are on track to end their three-week inflow streak, recording nearly $500 million in net outflows through Thursday.