The post Analysis and forecasts of the price of Bitcoin and Ethereum appeared on BitcoinEthereumNews.com.

Let’s see in this article how the top 2 cryptocurrencies in the market, Bitcoin and Ethereum, are moving, and their price predictions. Sembra che in questa fase sia Ethereum la vera protagonista delle borse crittografiche, con l’attenzione degli investitori che è canalizzata attorno alla questione ETF spot ETH, mentre Bitcoin segue i rialzi della regina. What are the short and medium-term forecasts? Are we about to attack new historical highs in both assets? All the details below. Analysis and forecasts of the crypto market price: Bitcoin supported by the news of Ethereum ETFs On this Monday, May 27th, Bitcoin records a price of 68,500 dollars, slightly down by 1% compared to the last 24 hours but up by about 9% in the last 30 days. The king of the crypto market has managed to bounce back very well from the recent retracement, thanks especially to the news that involved the issue of Ethereum spot ETFs on Wall Street, approved officially on May 23 by the Securities and Exchange Commission. BTC reports a market capitalization of 1.4 trillion dollars, volumes in the last 24 hours equal to 18.8 billion dollars, and dominance at 52.5%. I prezzi si trovano ben al di sopra dell’EMA 50 daily con un RSI14 a 57 punti, in un pausa dalla foga delle speculazioni, in attesa che la domanda torni a spingere riportando la moneta sopra i 70.000 dollari ed oltre. The prices are well above the EMA 50 daily with an RSI14 at 57 points, in a pause from the frenzy of speculations, waiting for the demand to push the currency back above 70,000 dollars and beyond. The short-term forecasts indicate a strong probability of a continuation of the lateral trend, with the quotations likely oscillating within the trading range of 61,000-71,500 dollars in the coming…

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Filed under: News - @ May 27, 2024 5:16 pm