14-day crypto predictions: Slightly bearish on Bitcoin, bearish on Ethereum and Solana
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Our crypto prediction panel turns bearish overall on six popular cryptocurrencies through the week of May 23.
Bitcoin failed to hold above $30,000 and dropped to new lows this year at $25,800. This opens the way toward $21,000 in the weeks to come. Inflation numbers came out higher than expected, which puts even more pressure on most cryptocurrencies.
Finder’s crypto prediction panel turned slightly bearish on Bitcoin in the most recent survey looking out through the week of May 23.
Finder’s cryptocurrency prediction panel comprises 15 experts in the field. Each week, five of them rotate to share their predictions for the following two weeks on six major cryptocurrencies.
Finder’s experts turn bearish overall
Our experts are bearish on six popular cryptocurrencies, a shift from last week where the overall sentiment was slightly bearish.
Where our crypto prediction panel stands
| This week | Last week | |
|---|---|---|
| Bitcoin | Slightly bearish | Slightly bullish |
| Ethereum | Bearish | Slightly bearish |
| Dogecoin | Bearish | Slightly bearish |
| Litecoin | Very bearish | Bearish |
| XRP | Very bearish | Bearish |
| Solana | Bearish | Slightly bearish |
| Overall | Bearish | Slightly bearish |
The panel’s outlook on Bitcoin (BTC) is slightly bearish, a change from the week before when it was slightly bullish. Bitcoin now trades below $30,000 with the potential of going lower.
The panel’s verdict on Ethereum (ETH) is bearish, a change from the week before when it was slightly bearish. Ether fell below $2,000. It has to return back above this number if we are to see some recovery in the short term.
The panel’s outlook on Dogecoin (DOGE) is bearish, a change from the week before when it was slightly bearish. DOGE broke its $0.125 support price and fell as low as $0.07. A bounce off of this price zone is possible.
The panel’s prediction on Litecoin (LTC) is very bearish, a change from the week before when it was bearish. LTC traded as low as $52, slightly above a major support price at $50. Similar to most altcoins, the direction next would be likely dictated by Bitcoin.
The panel’s outlook on Ripple (XRP) is very bearish, a change from the week before when it was bearish. XRP bounced off $0.33, close to $0.30, a strong support zone. A break below opens the way to $0.25.
The panel’s verdict on Solana (SOL) is bearish, a change from the week before when it was slightly bearish. Solana traded as low as $35. It has to get back above $50 if we are to see some recovery. Otherwise, $25 may well be the next target.
Finder’s experts hold long-term bullish sentiment on Bitcoin
Finder asked 33 fintech specialists in April to offer price predictions for Bitcoin by year’s end. The majority predict Bitcoin will test previous highs at the end of 2022.
To learn more about our experts’ outlooks on cryptocurrency prices, start with our Bitcoin price prediction page, then see our price prediction pages on Ethereum, Solana, Litecoin, Ripple and Dogecoin.
At the time of publication, Kliment Dukovski owned several cryptocurrencies.
