Crypto investors are experiencing a surprising week, with unexpected positive developments. The crypto law passed the US House, and Biden hinted at no veto. Meanwhile, the SEC made a 180-degree turn on ETH ETF since Monday. So, what are the price predictions for BNB, TON, SOL, and XRP Coin?
BNB Coin Price Prediction
BNB Coin price rebounded from the symmetrical triangle’s support line on May 20, and the ETH news came at the right time. We frequently mention the famous resistance at $635, which was tested again on May 21. This resistance region is crucial for the rally’s strength, and if surpassed, bulls may initiate a new move to $692.
The downside risk support is at $590, representing the 20-day EMA. If closures occur below this region, the price, stuck between $495 and $635, may continue to be frustrating for a longer period.
TON Coin Price Prediction
The RSI is near the neutral zone, and profit-taking is dominant after a long rise. The 20-day EMA at $6.35 is key for the continuation of the rise. TON Coin price may continue its movement stuck between $4.72 and $7.67 for a longer period. Bulls aiming for closures above $6.73 will target the resistance at $7.67. In the opposite scenario, the targets are $5.5 and $4.72.
SOL Coin Price Prediction
The price falling below $185 confirms that bears have not given up. BTC price dropping below $69,500 and the GBTC exits at the time of writing show that profit-taking is not limited to crypto exchanges. Closures below $185 and $161 are risky, but if the resistance is regained, the focus can be on the $205 target again.
XRP Coin Price Prediction
The price falling below $0.53 again shows how weak the bulls are. In the short term, without closures above $0.53 and $0.57, it is difficult for XRP Coin to start a significant move. For now, as BTC hovers around $69,000, the altcoin in litigation with the SEC continues the day with a loss of nearly 2%.
