Cryptocurrencies Price Prediction: PEPE, Bitcoin & Crypto – European Wrap 30 May

FXStreet Team FXStreet

Pepe is extending higher within a projected bullish impulse as anticipated

Cryptocurrency PEPE is moving nicely as expected since we shared an article here on FXstreet back on February 09, where we spotted nice and clean bullish pattern with inverted head&shoulders pattern.

Top 3 Price Prediction Bitcoin, Ethereum, Ripple: Facing correction after ETFs led rally

Bitcoin (BTC) price continues to consolidate in a range that offers a buying opportunity, while other major cryptocurrencies, such as Ethereum (ETH) and Ripple (XRP), look set for a potential price correction. ETH and XRP rallied 10% and 5%, respectively, right after the US Securities and Exchange Commission (SEC) approved Ethereum’s spot Exchange Traded fund (ETF).

Crypto market infected with correction

The crypto market has lost almost 2% of its capitalisation in the last 24 hours to $2.51 trillion. Bitcoin is holding up better than the market, pulling back only 0.7% to $67.6K. Many top coins have deeper drawdowns. Ethereum loses almost 3%, BNB loses 1.6%, and Solana loses 2.6%. Meme coins are under fiercer pressure. With no meaningful drivers of its own, the crypto market has come under indirect pressure due to the stock market.

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FXStreet Team

FXStreet

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