Price predictions 5/5: SPX, DXY, BTC, ETH, XRP, BNB, SOL, DOGE, ADA, SUI
From Cointelegraph
May 05, 2025 2:16:00 pm:
Bitcoin is facing resistance at $95,000 as bulls and bears battle it out. Spot Bitcoin ETF investors show positive sentiment. Altcoins maintain support levels for possible upward movement. Bitcoin dropped below $95,000, with profit-taking volume increasing. US Bitcoin ETFs saw inflows of $1.8 billion last week, outpacing mined Bitcoin. S&P 500 Index shows recovery, with resistance at 5,800 and support at 5,400. US Dollar Index faces resistance at 20-day EMA but could rise to 101.39. Bitcoin closed below $95,000, with potential pullback to 20-day EMA. Ether remains strong above moving averages, targeting $2,111. XRP stuck between resistance and $2 support, with potential for trend change. BNB struggles to sustain levels, with support at $576 and resistance at $620. Solana finds support at 20-day EMA, eyeing resistance at $153. Dogecoin stays above moving averages but faces resistance at $0.21. Cardano battles between bulls and bears near moving averages, with key levels at $0.75 and $0.58. Sui attempts bounce off 20-day EMA, aiming for $3.90 resistance.
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