BTC experienced volatility last week but calmed and currently sits around $68,500, with some analysts forecasting new ATHs.
Despite a brief drop, ETH has rebounded and is trading above $3,900, a 36% increase over two weeks. Analysts anticipate further rallies, especially if the asset maintains momentum above key levels.volatility in the past few weeks, rising from around $61,000 on May 14 to over $71,000 on May 21. The rallypushed the asset below the $67K mark on May 24. Shortly after, though, BTC reclaimed some lost ground and has been trading in the $68,500-$69,300 area since then.
Many analysts believe the asset’s price is yet to start a substantial rally. The X user Rekt Capital noted that ETH “spent plenty of time” around the $2,791 level,their prediction on May 26, arguing that a weekly close in the $3,250-$3,500 range “will confirm that bulls have reclaimed momentum.” Recall that ETH closed the week well above the depicted level.While the asset is up a mere 2% on a 30-day scale, multiple analysts anticipate a bull run in the following months.
in the cards due to XRP nearing “a major converging point” and “an RSI Pattern that is currently indicating underlying momentum in prices.”the speed and change of price movements. An RSI above 70 signals that the coin could be overbought and due for a price correction. Latest databetween Ripple and the US SEC. The legal battle has been ongoing for over three years, with the case entering a trial phase last month.
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