5月17日最新市场概览：BTC、ETH、BNB、SOL、XRP、TON、DOGE、ADA、AVAX、SHIB

The Bitcoin (BTC) Market price aims to surpass its range resistance and reach a new all-time high. Will altcoins follow suit? The bears’ inability to push and maintain Bitcoin below the significant level of ,000 appears to have attracted buyers who are now attempting to drive the price towards the range resistance. Although the current upward movement does not ensure a breakout from the range, it does lessen the likelihood of a sharp correction in the short term. Bitcoin’s rebound has increased the daily volume in United States spot Bitcoin exchange-traded funds. In a post on X, market research firm Santiment reported that the volume of the seven most prominent U.S. spot Bitcoin ETFs soared to .65 billion, the highest level since March 24. Crypto market data daily view. Source: Coin360 Bitcoin ETFs have been a massive success, with 937 professional firms investing in them as of March 31, according to an X post by K33 Research senior analyst Ventle Lunde. The post added that professional investors acquired .06 billion of spot Bitcoin ETFs, 18.7% of the total assets under management. The arrival of institutional investors is good news for Bitcoin as the investors waiting on the sidelines are likely to enter on dips, which could limit the downside in the near term. Could Bitcoin and select altcoins extend their upmove? Let’s analyze the charts of the top 10 cryptocurrencies to find out. Bitcoin (BTC) Market Analysis The Bitcoin market skyrocketed above the moving averages on May 15, and the bulls successfully defended the level during the retest on May 16. BTC/USDT daily chart. Source: TradingView The 20-day exponential moving average (,507) has started to turn up gradually, and the relative strength index (RSI) has jumped into positive territory, indicating that the bulls have a slight edge. There is a minor resistance at ,000, but it is likely to be crossed. The BTC/USDT pair may travel to the stiff overhead resistance at ,777. Contrary to this assumption, if the price turns down from ,000 and breaks below the moving averages, it will signal that the bears continue to sell on relief rallies. That could keep the pair between ,000 and ,500. Ether (ETH) Market Analysis The bulls are back in Ether as the bears failed to sink the price below the strong support at ,850. ETH/USDT daily chart. Source: TradingView The ETH/USDT pair could reach the resistance line of the descending channel pattern, where the sellers are expected to mount a strong defence. If the price turns down sharply from the current level or the resistance line, the bears will make another attempt to tug the price below ,850. Instead, if buyers kick the price above the channel, it will signal that the downtrend could be ending. The pair may climb to ,400 and attempt a rally to the solid resistance at ,730. BNB Market Analysis BNB fell below the moving averages on May 14, but the bulls held the support line of the symmetrical triangle pattern. BNB/USDT daily chart. Source: TradingView The BNB/USDT pair is preparing for an eventual breakout from the triangle. If the price turns down and plunges below the triangle, it could move downward to 6 and then to 5. On the contrary, if the price continues higher and breaks above the triangle, it will suggest that the bulls have the upper hand. The pair could move up to 5, which may be a minor hurdle but is likely to be crossed. The next stop is expected to be 2. Solana (SOL) Price analysis Solana turned sharply on May 15 and surged above the moving averages, signalling that the bulls are attempting a comeback. SOL/USDT daily chart. Source: TradingView Buyers continued their purchases on May 17, pushing the price above the 2 resistance. This clears the path for a possible rally to 5 and eventually to the formidable resistance at 5. Time is running out for the bears. They must halt the rally and pull the price back below the moving average to prevent the upsides. A slide below 0 will strengthen the bears further. XRP Price Analysis XRP is attempting to rise toward the 50-day SMA ({内容}.54), indicating that the selling pressure is reducing. XRP/USDT daily chart. Source: TradingView The 50-day SMA may act as a minor hurdle, but if the bulls successfully defend the 20-day EMA on the way down, the XRP/USDT pair could reach the overhead resistance of {内容}.57. The bears may again attract strong selling at this level. If the price turns down from the current level or the 50-day SMA and breaks below the 20-day EMA, it will suggest that bears sell on every minor rally. The pair could then descend to the support line and {内容}.46. Toncoin (TON) Price Analysis Toncoin bounced off the 20-day EMA (.34) on May 16, but the bulls are struggling to sustain the recovery. TON/USDT daily chart. Source: TradingView The bears will again try to sink the price below the 20-day EMA. If they manage to do that, it will suggest that the TON/USDT pair will remain stuck inside the extensive range between .72 and .67 for several more days. If the price turns up from the 20-day EMA with force, it will signal that the bulls are aggressively defending the level. That will increase the likelihood of a retest of the overhead resistance of .67. If this level is crossed, the pair may rise to . Dogecoin (DOGE) Price Analysis Dogecoin has been trading between {内容}.17 and {内容}.12 for several days, indicating indecision between the bulls and the bears. DOGE/USDT daily chart. Source: TradingView The flattish 20-day EMA ({内容}.15) and the RSI near the midpoint suggest a balance between supply and demand. If the price maintains above the 20-day EMA, the bulls will try to challenge the overhead resistance at {内容}.17. A break above this level could push the DOGE/USDT pair to {内容}.21. On the other hand, a break below the 20-day EMA could open the doors for a fall to the solid support at {内容}.12. A break and close below this support will complete a bearish head-and-shoulders pattern, starting a collapse to {内容}.08. Cardano (ADA) Price Analysis Cardano’s tight range trading between the 20-day EMA ({内容}.46) and the support line resolved to the upside on May 16. ADA/USDT daily chart. Source: TradingView The ADA/USDT pair will likely start an up move that may face resistance at the 50-day SMA ({内容}.50) and then at {内容}.52. If the price turns down from the overhead resistance, it will likely find support at the 20-day EMA. That will signal a change in sentiment from selling on rallies to buying on dips. The pair could then rally to {内容}.57. This optimistic view will be invalidated soon if the price turns down and breaks below the support line. Avalanche (AVAX) Price Analysis For the past few days, Avalanche has been trading between and , with no signs of a breakout in either direction. AVAX/USDT daily chart. Source: TradingView The bulls pushed the price above the 20-day EMA () on May 17, which opens the gates for a rise to . If buyers overcome the barrier at , the AVAX/USDT pair could move toward . Contrarily, if the price turns down sharply from the current level or the overhead resistance and breaks below the 20-day EMA, it will signal that the pair may remain range-bound for a few more days. Shiba Inu (SHIB) Price Analysis Shiba Inu turned down from the resistance line of the symmetrical triangle pattern on May 16, indicating that the bears are defending the level. SHIB/USDT daily chart. Source: TradingView The flattish 20-day EMA ({内容}.000024) and the RSI just above the midpoint do not hint at the direction of the next breakout. Hence, waiting for the price to break above or below the triangle is better before taking a directional view. If the price continues lower and breaks below the triangle, it will signal that the uncertainty has resolved to the downside. The SHIB/USDT pair could plummet to the 78.6% Fibonacci retracement level of {内容}.000017. Alternatively, if the price rises and breaks above the triangle, it will suggest that the bulls have seized control. The pair could surge to {内容}.000030 and then to {内容}.000033. Source – Rakesh Upadhyay Source: fintechs.fi 共有Facebook推特Pinterest LinkedIn汤博乐电子邮件 上一篇文章Worldcoin战胜亿万富翁Mike Novogratz，让他变得恃强凌弱：报道下一篇文章SmartyTrade福利和赠品 相关帖子在Thefts获得8500万美元后，Pink Drainer现在决定退休2024年5月17日-8747次浏览Binance帮助台湾破解600万美元洗钱环2024年7月17日-7188次浏览咆哮的Kitty新回报：Meme股票和加密货币爆炸2024年4月14日-4901次浏览中国当局拆除2.95亿美元非法加密环2024月14日-5 5249次浏览最新市场概览5月13日：SPX、DXY、BTC、ETH、BNB、SOL、XRP、TON、DOGE、ADA，2024-1835视图 加密货币新闻以太坊突破3000美元大关并创下历史新高加密货币新闻2024年5月18日-9745次浏览量以下是比特币的新水平，牛市准备打破阻力加密货币新闻2020-03682次浏览量比特币池连续七个区块挖矿，引发安全担忧加密货币新闻2045-1611次浏览量Ponke价格预测：专家称，Ponke泵送48%考虑这一Solana竞争对手获得10倍收益加密货币新闻1820-09721次浏览量LecksMoney评论最新的Meme Coin人工智能交易机器人预售加密货币新闻5月182024-8698次浏览量新加密货币currency今日发布、上市和预售-OrdinalsBot、NFT Workx、WienerAI加密货币新闻2024年5月17日-9464视图