EOS, Bitcoin, and Ripple Price Forecasts: Bulls Charge or Bears Pounce?
Crypto markets twitch as traders eye key levels—will May 19th be a breakout or breakdown day?
EOS: The sleeping giant stirs—technical indicators hint at a make-or-break moment near $0.85 resistance. Watch for volume spikes or prepare for another snooze.
Bitcoin: Institutional whales keep playing ping-pong between $65K and $70K. Meanwhile, retail traders still think ’diamond hands’ is an investment strategy.
Ripple: XRP army’s lawyers are working harder than the token’s price action. A close above $0.55 could trigger FOMO—or just another dead-cat bounce.
Remember folks: in crypto, ’price prediction’ is just astrology for finance bros with riskier Lambo dreams.
EOS uptrend falters ahead of token swap despite Vaulta’s DeFi TVL soaring to $246 million
EOS price slides on Monday to approximately $0.75, erasing a minor uptick on Sunday, while extending the drawdown from the May 10 high at around $0.99. The EOS network rebranded to Vaulta in the first quarter, paving the way for a web3 banking platform. Investors and cryptocurrency exchanges are preparing for the token swap from EOS to Vaulta (A), which is expected to start on May 26.
Bitcoin Price Forecast: BTC gives up weekend gains, signaling potential bull trap as momentum weakens
Bitcoin (BTC) starts the week on a weaker note, falling by more than 3% to around $103,000 at the time of writing on Monday after briefly rallying over the weekend. The price action has raised concerns among traders about a potential bull trap, especially as momentum indicators show early signs of exhaustion. Despite continued positive corporate and institutional flows in the form of spot bitcoin exchange Traded Funds (ETFs) and Meta Planet’s accumulation, bearish sentiment appears to be gaining ground in the short term.
XRP price offers mixed signals as broader cryptocurrency market swings between support and resistance
Ripple (XRP) price hovers at around $2.31 on Monday, extending its gradual drawdown from last week’s high of $2.65, as the broader cryptocurrency market swings between gains and losses amid shifting investor sentiment. A resumption of the uptrend towards $3.00 could gain bullish momentum after Ripple announced a strategic partnership with United Arab Emirates (UAE)-based Zand Bank and Mamo, adding its exposure to the region after securing the Dubai Financial Services Authority (DFSA) license in March.