![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
Cryptocurrency News Articles
Bitcoin (BTC) Price Recovers 2.6% from May 23rd's Low of $107,278, Ethereum (ETH) Is Up 3.6%
May 27, 2025 at 12:09 am
Bitcoin (BTC) is trading at $109,868, recovering 2.6% from May 23's low of $107,278. Ethereum (ETH) is at $2,569, up 3.6% from $2,525
Crypto market shows signs of stabilization and recovery on May 26th, with Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) displaying healthy signs of recovery after the volatility seen on May 23rd.
Bitcoin (BTC) is trading at $109,868, recovering 2.6% from May 23rd’s low of $107,278. The recovery follows a period of volatility that saw Bitcoin decline after reaching a new all-time high (ATH) of $110,000.
Later, it found support at the swing low around $107,000, which helped to stall the decline. If BTC continues the recovery and manages to close above its ATH, it could extend the rally toward a key psychological level of $120,000.
However, if BTC crypto faces a pullback and closes below the current swing low around $107K, it could fall to retest its next key support at $100,000.
Ethereum (ETH) is at $2,569, up 3.6% from $2,525. The recovery follows rejection from a strong supply level that aligns with early Q1’s high volume profile level.
But, ETH price retested and found dynamic support around its 200-day exponential moving average (EMA) band at around $2,447.82. If the 200-day EMA at $2,447 holds the fall, ETH price could extend the recovery to retest its daily resistance at $2,728.
On the other hand, if ETH crypto breaks and closes below the 200-day EMA at $2,447.82, it could extend the decline to reach its next support at $2,000.23.
Ripple (XRP) is priced at $2.34, recovering 3.2% from $2.29. The recovery follows the token breaking and finding support at the dynamic 50-day EMA band. Now, it is trading between the 20-day and 50-day EMA bands.
The XRP price is in strong consolidation, If the 50-day EMA continues to hold, the XRP price could extend the recovery to retest its daily resistance at $2.6607.
However, if XRP crypto price breaks and closes below its 50-day support or the current swing, it could fall to $2.06 in May’s final week.
What happened today
The crypto market is showing signs of stabilization and recovery on May 23rd, with Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) displaying healthy signs of recovery after the period of volatility.
The market reacted to Donald Trump’s Truth Social post, where he announced his decision to impose 50% tariffs on the European Union, a move that could have broader implications for global trade and economic stability.
This decision follows France’s ban on face coverings in public and Germany’s burqa ban, both of which sparked reactions from the European Union.
The crypto sector has been closely watching developments in the U.S., particularly regarding potential regulations on crypto firms. Any new tariffs or trade restrictions could significantly impact the crypto market.
In the final week of Q2’s second month, the BTC price is consolidating after hitting a new all-time high, while ETH and XRP are holding near key support levels, suggesting bullish forces may still have a chance to reclaim control. When writing, Bitcoin is exchanging hands at $109868 on May 26th, recovered 2.6% from May 23rd’s low of $107278, Ethereum is at $2569, recovered 3.6% from $2525, and XRP is at $2.34, recovered 3.2% from $2.29.
While the gains are still minimal, it is still reflects optimism. As the market is not collapsing like in Q1, despite the Trump’s threat.
Bitcoin Price (BTC)
Bitcoin price reached a new all-time high and declined the next day. However, it found support and recovered slightly the next day. If it continues to recover, and continues to recover and closes above its ATH, it could extend the rally toward a key psychological level of $120,000.
However, if BTC faces a pullback and closes below the current swing low around $107K, it could fall to retest its next key support at $100,000.
Ethereum Price (ETH)
Ethereum price faced rejection from a strong supply level that aligns with
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.