Technical Analysis

Solana (SOL) climbed to $98.41 last week but failed to break the $100 psychological barrier, keeping the broader bearish structure intact. A defined range from $76.7 to $97.6 places focus on the $87.2 mid-level, which was recently broken and then retested as resistance. On lower timeframes, the $88–$89 area stands out as a key volume cluster, with a move beyond $89 potentially shifting the short-term bias bullish.

Trader Don says Shiba Inu (SHIB) may be set for a momentum-driven breakout if it decisively clears a long-running descending resistance. He points to SHIB's market cap near $3.38 billion and outlines potential milestones at $3.74 billion, $8.54 billion, and $20 billion, with corresponding price references tied to the current supply.

Market analyst Matt Hughes says Ripple's XRP is forming a breakout structure but still needs a decisive close above the $1.51 resistance zone. He cites repeated rejections over the past four months, with recent peaks at $1.54 on May 14 and prior pushes to $1.65 after a Feb. 6 low near $1.10 and to around $1.60 on March 17. If confirmed, Hughes flags $2.71 as the next key resistance, while commentator Celal Kucuker argues a full breakout could extend toward $15.

Chainlink (LINK) fell below $10 and was last cited trading near $9.60 after a rejection around $10.70. Between May 9 and 10, active addresses spiked to over 280,000 versus a historical baseline near 3,000, while Binance’s LINK reserve declined over the past 14 days from 86.3 million to 85.8 million tokens. The same analysis points to persistently negative 7-day average netflows, suggesting outflows outweighed inflows during the surge.

On May 21, 2026, XRP traded around $1.36 and finished at $1.3633, staying roughly $0.013 above the $1.35 support area that has held three daily-chart tests since mid-April. Binance open interest was reported at $488.3M, with SMA50 at $1.3954 and SMA100 at $1.3982 sitting overhead while RSI remained weak at 42.

Bitmine Immersion Technologies holds 5,278,462 ETH, equal to 4.37% of Ethereum’s 120.7 million circulating supply, as its chairman Tom Lee highlights $2,100 as a key level for a May 2026 monthly close. As of May 21, 2026 (12:02 UTC), ETH traded at $2,113.86, down -0.65% on the week, with indicators including a green MACD histogram (+45.59) and a rising RSI (39.65) near the $2,100 area.

XRP is trading at $1.37 as May approaches its final week, after a breakout above the 100-day moving average failed to hold and recent gains were erased. On the USDT chart, the 100-day MA has flipped to overhead resistance near $1.40, while $1.20 is highlighted as the next potential demand zone. On the BTC pair, price slipped to around 1,770 sats after a brief move above 1,800 sats, with 1,550–1,500 sats marked as possible downside levels if weakness continues.

CryptoQuant head of research Julio Moreno says Bitcoin's current setup resembles March 2022, with sentiment indicators leaning bearish despite limited short-term upside potential. BTC previously met resistance near the 200-day moving average around $82,000 and pulled back toward $76,000, while U.S. spot ETFs reportedly turned net sellers by about 4,000 BTC after buying up to 64,000 BTC in the prior 30 days.

Semiconductor colossus NVIDIA Corporation (NASDAQ: NVDA) dropped its highly anticipated Q1 FY2027 earnings after the closing bell on May 20, 2026, single-handedly neutralizing a hawkish macro environment. Trading at $223.47 (+1.30%) with a slight pre-market nudge to $224.18, the stock successfully absorbed the macro shockwave of a restrictive Federal Reserve backdrop.

With Nvidia's results already out, options traders are focusing on several companies reporting earnings on Thursday, with activity clustered around names such as Walmart, Nio, Webull and Advance Auto Parts. Implied moves range from about 4.3% in Walmart to more than 11% in Advance Auto Parts, while Nio sees heavy call interest around the 6 and 6.5 strikes expiring Friday.