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Bitcoin, Ethereum and Ripple May month-end analysis

  • May has been extremely bullish for all three coins.
  • BTC/USD went up by a staggering 62.43% over May.

BTC/USD monthly chart

  • After six consecutive bearish months, Bitcoin has strung together four straight bullish months.
  • May is the most bullish month that BTC/USD has had since November.
  • Over the month, BTC/USD went up from $5,270 to $8,560, charting a 62.43% growth in the process.

ETH/USD monthly chart

  • After seven straight bearish months, Ethereum managed to have five bullish months out of the last five.
  • May has been the most bullish month of ETH/USD since April 2018.
  • Over the month, ETH/USD went up by 62.47%, going from $164.65 to $267.50.

XRP/USD monthly chart

  • XRP/USD managed three bullish months of the last four.
  • May has been the most bullish month since September 2018.
  • Over the month, XRP/USD has gone up from $0.314 to $0.438, going up by 39.50%.

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