Cryptocurrencies Price Prediction: Cardano, Pump.fun & Ethereum — Asian Wrap 16 September
|Cardano Price Forecast: ADA dips as profit-taking sparks selling pressure
Cardano (ADA) price hovers around $0.85 at the time of writing on Tuesday, having declined by over 7% in the last two days. This correction comes amid ADA holders realizing profits, thereby increasing selling pressure. Traders should be cautious as a firm close below key support at $0.82 would trigger a deeper pullback.
Top Crypto Gainers: PUMP, AERO, WLFI hold gains amid market uncertainty
Pump.fun (PUMP), Aerodrome Finance (AERO), and World Liberty Financial (WLFI) are the top performers in the cryptocurrency market over the 24 hours as the market remains turbulent ahead of the US Consumer Price Index (CPI). This is evident with over $400 million of liquidations in the same time period. Still, the technical outlook of the performers indicates a bullish bias, hinting at further gains.
Ethereum Price Forecast: ETH treasuries more sustainable than Bitcoin and Solana DATs - Standard Chartered
Ethereum (ETH) trades around $4,520 on Monday, as Standard Chartered predicts that digital asset treasuries focused on accumulating the top altcoin could be more successful than those acquiring Bitcoin and Solana. Digital asset treasuries (DATs) — publicly traded companies that hold a majority of crypto on their balance sheets — focused on Ethereum have a greater chance of success compared to those acquiring Bitcoin or Solana, according to Standard Chartered's global head of digital asset research, Geoffrey Kendrick.
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