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Cryptocurrencies Price Prediction: Bitcoin, Ethereum & Ripple – European Wrap 27 May

Bitcoin Price Analysis: BTC/USD journey back to $9,000 in jeopardy as sellers’ grip tightens – Confluence Detector

Bitcoin has remained lethargic in its price performance since the beginning of the week. It is becoming increasingly difficult to sustain gains above $9,000. On the other hand, buyers are concentrating on defending the short term support at $8,800. Meanwhile, BTC/USD is valued at $8,840, following a minor retreat from $8,893 (intraday high).

BTC/USD price chart

ETH/USD: Ethereum is grossly undervalued, Blockfyre’s research reveals

Ethereum (ETH) is grossly undervalued at the current levels, according to the study performed by the crypto research firm Blockfyre. The team outlined at least four factors to support their conclusions.
ETH/USD

Ripple's CEO urges the US lawmakers to hurry up with the crypto regulation

Ripple CEO Brad Garlinghouse urged the United States regulators to speed up the development of digital currencies. The expert warned that the country may lose its status of the global leader of innovations and fall behind China in terms of cryptocurrency developments.

XRP/USD

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Solana Price Forecast: SOL consolidates as spot ETF inflows near $1 billion signal institutional dip-buying

Solana (SOL) price hovers above $131 at the time of writing on Monday, nearing the upper boundary of a falling wedge pattern, awaiting a decisive breakout.

Top 3 Price Prediction: Bitcoin, Ethereum, Ripple – BTC, ETH and XRP face pressure near key technical barriers

Bitcoin (BTC), Ethereum (ETH) and Ripple (XRP) hover around key levels on Monday after correcting slightly in the previous week. The top three cryptocurrencies by market capitalization could face increased downside risk as bearish momentum builds across key indicators.

Top Crypto Losers: DASH, SPX, PENGU – Privacy and meme coins lose ground

Altcoins, including Dash (DASH), SPX6900 (SPX), and Pudgy Penguins (PENGU), are leading losses as the broader cryptocurrency market remains cautious ahead of the macroeconomic data releases, such as the US Nonfarm payroll report, CPI data, and the Bank of Japan’s rate-hike decision.

Top 3 Price Prediction: BTC and ETH eyes breakout, XRP steadies at support

Bitcoin (BTC) and Ethereum (ETH) are nearing the key resistance levels at the time of writing on Friday, and a successful breakout could open the door for a fresh rally. Meanwhile, Ripple (XRP) is stabilizing around a crucial support zone, hinting at a potential rebound if buyers maintain control.

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Bitcoin: Fed delivers, yet fails to impress BTC traders

Bitcoin (BTC) continues de trade within the recent consolidation phase, hovering around $92,000 at the time of writing on Friday, as investors digest the Federal Reserve’s (Fed) cautious December rate cut and its implications for risk assets.