Crypto prices are down today. Traders didn’t like news coming out of the U.S. The total value of all crypto dropped over 1.3%, landing near $2.57 trillion. This happened even though a Senate group moved the CLARITY Act forward on May 17.
The bill moves the crypto industry closer to formal regulatory rules in the U.S., but traders treated the news as a classic “sell the news” event. Social media discussions pointed out that Bitcoin price still dumped almost 2% even after the CLARITY Act advanced, showing many traders used the positive event to reduce risk exposure after weeks of strong market positioning.
The XRP price fell nearly 2% during the session, Ethereum price dropped more than 3%, and Zcash price outperformed the broader market with gains above 5%.
What you'll learn 👉
Ripple’s XRP Price Holds Weak Structure Near $1.39
We had a look at the XRP chart and price action still shows sellers controlling short term momentum after another rejection from higher resistance zones.
The XRP price trades near $1.39 and remains below several recent swing highs. Momentum indicators still lean bearish in the short term. RSI stands at 37.3, showing weak buying strength remains in place. The stochastic oscillator reads 29.74, keeping XRP close to oversold territory after several days of downside pressure.
MACD remains negative at -0.0119 and continues showing bearish momentum across the 4-hour timeframe. ADX reads 19.06, confirming the existing trend still lacks strong conviction. The Ultimate Oscillator is at 52.80 and keeps the broader structure close to neutral conditions.
| Name of Indicator | Metric | Interpretation of Reading |
|---|---|---|
| RSI(14) | 37.3 | Weak bearish momentum remains |
| STOCH(9,6) | 29.74 | Price remains near oversold zone |
| MACD(12,26) | -0.0119 | Bearish momentum continues |
| ADX(14) | 19.06 | Trend strength remains weak |
| Ultimate Oscillator | 52.80 | Neutral broader structure |
Factors Affecting XRP Price
Ripple’s XRP continues receiving support from improving U.S. regulation after Ripple’s legal battle with the SEC officially ended. XRP now holds “digital commodity” status under joint SEC-CFTC guidance, removing one of the biggest risks that kept banks and institutions away from the asset for years.
The CLARITY Act could strengthen that legal status further if it becomes law, giving institutional investors more confidence to hold XRP inside regulated investment products and corporate treasuries.
Institutional demand also remains active through spot XRP ETFs launched in late 2025. Total net assets across those products now stand near $1.39 billion, with the May 12-17 week alone bringing in about $60 million in inflows.
XRPL development also continues ahead of the May 27 activation of the fixCleanup3_1_3 amendment, which addresses issues tied to NFTs, lending tools, and vault functionality. Those upgrades improve network utility, though traders still want stronger on-chain growth before sentiment fully improves.
XRP Price Prediction For Today
Bullish Case
If XRP reclaims the $1.45 region, buyers could attempt another move toward the $1.50 resistance zone.
Neutral Path
If support near $1.38 continues holding, the XRP price may remain trapped between $1.38 and $1.45 through today’s session.
Bearish Scenario
A clean breakdown below $1.38 could expose Ripple’s XRP price to deeper downside toward the $1.32 area.
Zcash (ZEC) Price Extends Recovery Above $540
We had a look at the chart and the broader structure still shows buyers maintaining control after the strong rally earlier this month.
The ZEC price trades near $543.30 after recovering steadily from last week’s dip toward the $500 region. RSI stands at 56.09 and keeps momentum slightly bullish without entering overheated territory. The stochastic oscillator reads 79.35, showing buyers still control short term momentum after the latest rebound.
MACD remains negative at -2.51, though downside pressure continues slowing compared to earlier sessions. ADX is at 19.10 and confirms the current trend still lacks strong directional strength despite the recent recovery. The Ultimate Oscillator reading of 55.67 keeps the broader short term structure slightly bullish.
| Name of Indicator | Metric | Interpretation of Reading |
|---|---|---|
| RSI(14) | 56.09 | Mild bullish momentum remains |
| STOCH(9,6) | 79.35 | Buyers still control momentum |
| MACD(12,26) | -2.51 | Bearish pressure slowing |
| ADX(14) | 19.10 | Weak overall trend strength |
| Ultimate Oscillator | 55.67 | Slight bullish market bias |
Factors Affecting ZEC Price
Zcash continues benefiting from development tied to network privacy upgrades and scalability improvements. The Sapling upgrade remains one of the most important milestones for the network after cutting the resources needed for shielded transactions by more than 90%.
Developers also continue focusing on post-quantum cryptography and scalability upgrades designed to strengthen ZEC’s role as a privacy-focused settlement network.
Institutional interest also remains important for ZEC price. Grayscale is still trying to turn its Zcash Trust into a spot ETF. Some firms, like Cypherpunk Technologies, are said to hold a lot of ZEC.
But privacy coins keep running into trouble with regulators around the world. New EU rules meant to fight money laundering might block privacy coins from regulated exchanges by 2027. That makes things shaky for the whole sector.
On the brighter side, the SEC closed its investigation into the Zcash Foundation and took no action. That’s helping people feel better about things for now.
Zcash (ZEC) Price Prediction For Today
Bullish Case
If ZEC breaks above the $560 resistance zone, buyers could target another move toward $600.
Neutral Scenario
If the $520 support region continues holding, the ZEC price may consolidate between $520 and $560 during today’s trading session.
Bearish Path
A breakdown below $520 could weaken the structure and expose Zcash to downside risk toward the $480 region.
Ethereum (ETH) Price Tests Crucial $2,100 Support
We had a look at the chart and sellers still control the broader short term structure after ETH failed to recover higher resistance levels earlier this week.
The ETH price trades near $2,121.15 after another wave of selling pressure pushed the asset close to key support near $2,100. RSI stands at 24.71 and places Ethereum deep near oversold territory. The stochastic oscillator reads 22.28 and also shows weak buying activity across the latest sessions.
MACD remains heavily negative at -35.1, confirming strong bearish momentum still dominates price action. ADX reads 48.89, showing the existing downtrend carries strong strength. The Ultimate Oscillator reading of 46.64 keeps the broader structure slightly bearish.
| Name of Indicator | Metric | Interpretation of Reading |
|---|---|---|
| RSI(14) | 24.71 | Deep bearish momentum remains |
| STOCH(9,6) | 22.28 | Price remains near oversold zone |
| MACD(12,26) | -35.1 | Strong bearish momentum |
| ADX(14) | 48.89 | Downtrend remains strong |
| Ultimate Oscillator | 46.64 | Sellers still control structure |
Factors Affecting Ethereum Price
Ethereum price still receives support from aggressive long term development plans inside the Ethereum ecosystem. The Ethereum Foundation’s roadmap includes multiple hard forks through 2029 targeting more than 10,000 transactions per second on Layer 1 and much larger scaling targets across Layer 2 networks.
Upcoming upgrades like Glamsterdam and Hegotá in 2026 focus on higher gas limits, faster block processing, and post-quantum security features. Those upgrades remain important for Ethereum’s competitiveness against rival smart contract networks.
Related Ethereum News: Ethereum Price Warning: Rare Weekly Sell Signal Flashes, 63% Correction Possible
Institutional interest also continues expanding through regulated investment products. Markets are now watching possible approval of staking-based ETH ETFs in the U.S., which would allow investors to generate yield directly from ETF holdings. The Nasdaq CME Crypto Index Futures start on June 8. That gives big investors another legal way to bet on Ethereum and other crypto coins.
On-chain data also showed large holders buying up ETH. One of them pulled over 120,000 ETH off exchanges. But even with that, ETH still looks weak on the charts. It’s trading under the $2,262 Fibonacci resistance line. If it falls below $2,100, the price could drop again toward $2,000.
Ethereum (ETH) Price Prediction For Today
Bullish Scenario
If ETH recovers above the $2,262 resistance level, buyers could reopen upside targets toward the $2,400 region.
Neutral Path
If support near $2,100 continues holding, the Ethereum price may consolidate between $2,100 and $2,262 through today’s session.
Bearish Case
A break below $2,100 would strengthen downside pressure further and could expose ETH price to a deeper correction toward the $2,000 level.
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