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14-day crypto predictions: Slightly bullish on Bitcoin, neutral on Ethereum and Solana

Posted: 18 May 2022 8:41 am
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Our crypto prediction panel turns slightly bearish overall on six popular cryptocurrencies through the week of May 30.

Bitcoin trades around $30,000 after months of downward pressure. For now, the price holds at this level but Bitcoin is still in a bear market and fundamental factors, including high inflation and rising interest rates, still weigh on the crypto market.

Finder’s crypto prediction panel turned slightly bullish on Bitcoin in the most recent survey looking out through the week of May 30.

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 slightly bearish overall

Our experts are slightly bearish on six popular cryptocurrencies, a shift from last week when the overall sentiment was bearish.

Where our crypto prediction panel stands

This weekLast week
BitcoinSlightly bullishSlightly bearish
LitecoinSlightly bearishVery bearish
XRPSlightly bearishVery bearish
SolanaBearishSlightly bearish

The panel’s outlook on Bitcoin (BTC) is slightly bullish, a change from the week before when it was slightly bearish. Even though Bitcoin has managed to recover and trade around the $30,000 price, the downward pressure still holds.

The panel’s verdict on Ethereum (ETH) is neutral, a change from the week before when it was bearish. Ether holds above $2,000. It has to remain above this price if we are to see $2,500 in the near future.

The panel’s outlook on Dogecoin (DOGE) is bearish, the same as the week before. DOGE recovered after trading as low as $0.07. The price now trades between $0.075 and $0.1.

The panel’s prediction on Litecoin (LTC) is slightly bearish, a change from the week before when it was very bearish. LTC bounced off of $52 and traded as high as $75 recently. This is a major resistance zone that can hold LTC from moving higher.

The panel’s outlook on Ripple (XRP) is slightly bearish, a change from the week before when it was very bearish. XRP is now stuck between $0.40 and $0.45. The next move will likely depend on Bitcoin.

The panel’s verdict on Solana (SOL) is neutral, a change from the week before when it was bearish. Solana managed to hold above $50 in the past few days. The downward pressure may push SOL to test the $40 level again.

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.

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