So, Bitcoin is lumbering towards another one of its “crucial” resistance levels on the daily chart, like it’s starring in its own private episode of Ninja Warrior. Biggest cryptocurrency in the room, and yet one wrong move at $95,000 and—oops—faceplant. If it does manage to vault that wall, the altcoins might just be inspired enough to follow. Right now? XRP, ADA, Dogecoin—all in a group huddle, down over 2%, possibly just making memes about it.
Now, about XRP. The coin is apparently “holding steady” in a long-term bullish pattern—doesn’t that sound comfortingly vague? Analysts whisper of one last price surge before the floor drops and everyone pretends they were never bullish at all. Love a plot twist.
Zoom in on the short-term, and suddenly the optimism starts to look… damp. Recent price action has about as much structure as a packet of crisps after a toddler’s been at it. Yes, there’s a tiny sliver of hope between $2.16 and $2.26, but momentum is so weak that even your hungover uncle could outpace it. If XRP drops below $2.11, not only will short-term dreams be shattered, but that wave of bullishness? Washed out to sea. Still, there’s always next rally, right?
Meanwhile, the analyst known as EGRAG Crypto—possibly a wizard, definitely a fan of capes—foresees a “mega monthly candle close” for XRP. His target? A dainty $27. But wait, if you squint hard enough (and ignore all known fundamentals), the chart hints at a mind-boggling $55 target. I mean, sure. Why not aim for the moon? Or, frankly, Mars.
Will Bitcoin Rally in May?
Here’s the million-dollar question: will May be a bullish or bearish disaster (or, my personal favorite: both)? The old saying is “Sell in May and go away,” probably coined by someone who still uses a flip phone, because data from the last 15 years says otherwise. May’s actually ended in the green for Bitcoin 9 times, in the red 6 times—so roughly a 67% chance the market throws you a bone. Roll those dice, stoke those hopes.
May always makes me think of the old nursery rhyme “Sell in May and go away.”
So I went digging through Bitcoin’s history to see how May usually plays out… here’s what I found:9 Green months of May
6 Red months of May
Which is 67% of the time.— ₿ig₿ag₿TC (@BigBag1987) April 28, 2025
Coinglass, aka the spreadsheet overlord, claims Bitcoin’s average return in May over 12 years is 7.9%. That’s a number traders explain to their parents every spring, right after insisting they have things “under control.” Of course, every disclaimer ever says past results don’t guarantee future results—just like bringing an umbrella doesn’t guarantee it’ll rain, but my hair’s still ruined anyway.
Read More
- ZEREBRO PREDICTION. ZEREBRO cryptocurrency
- INJ PREDICTION. INJ cryptocurrency
- VANRY PREDICTION. VANRY cryptocurrency
- DOT PREDICTION. DOT cryptocurrency
- Cardano Bulls Unleash Secret Weapon to Spark Price Surge!
- SEI PREDICTION. SEI cryptocurrency
- BTC PREDICTION. BTC cryptocurrency
- Why Consensus 2025 Could Make or Break Pi Network: The Scoop You Can’t Miss!
- AXS PREDICTION. AXS cryptocurrency
- PROMPT PREDICTION. PROMPT cryptocurrency
2025-04-30 13:44