Price predictions 5/18: SPX, DXY, BTC, ETH, XRP, BNB, SOL, DOGE, HYPE, ADA

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Price predictions 5/18: SPX, DXY, BTC, ETH, XRP, BNB, SOL, DOGE, HYPE, ADA

60-second summary

Bitcoin has dropped to its crucial $76,000 support level, while large-cap altcoins such as Ethereum, Ripple, Binance Coin, Solana, and Dogecoin have sold off sharply, with some declining by over 10%. Technical charts indicate a potential buying opportunity, but traders remain cautious, awaiting a clear reversal signal before making a move, which could significantly impact the cryptocurrency market.

Bitcoin dropped to the crucial $76,000 support level while large-cap altcoins sold off sharply. Do technical charts suggest that traders will buy the dip?