|

Cryptocurrencies Price Prediction: Binance Coin, Cardano & Cryptos — American Wrap 21 March

Cardano price jumps over 4% at US opening bell: Here is what you need to know

Cardano (ADA) price jumped over 4% higher on Tuesday at the US opening bell as bulls pulled a short squeeze on bears. The move is so big that a contracting triangle gets broken to the upside. Expect from now on a two-tiered sprint with the first target $0.36 and the next $0.40 in a bullish upswing.
ADA/USD  4H-chart    
Binance Coin price has been adhering to the broader market cues for the last couple of days as the crypto market flourished against the macroeconomic conditions. The bullish narrative noted at the hands of buyers is expected to stick, which could push BNB further, provided this hurdle does not hinder its rise.
BNB/USD 1-day chart
Crypto.com, a leading cryptocurrency exchange with nearly 80 million users worldwide, announced the listing of the Shiba Inu rival token, Floki Inu (FLOKI) on its mobile app on Tuesday. FLOKI price climbed nearly 5% since the announcement, hitting a seven-day high of $0.000040.
Floki Inu/ Tether 1D price chart

Author

FXStreet Team

Composed of a group of economic journalists and FX experts, the FXStreet content team produces and oversees all content published on FXStreet. It provides a purely journalistic approach to the Forex market.

More from FXStreet Team
Share:

Editor's Picks

Ripple extends losses as derivatives interest cools

Ripple (XRP) extends its bearish roll near $1.12 support on Friday, reflecting intense headwinds in the broader crypto market largely attributable to macroeconomic pressure.

Crypto Today: Bitcoin, Ethereum, XRP weaken further as capital outflows persist

Macroeconomic headwinds continue to weigh heavily on the cryptocurrency market on Friday, prompting major assets like Bitcoin (BTC) to pare earlier gains and extend losses after June’s brief relief rally.

Bitcoin Weekly Forecast: Recovery hopes fade after the Fed spoils the party

Bitcoin is set to end the week in the red, trading near the 200-Week Simple Moving Average at around $62,300 on Friday. Institutional selling persists, capping BTC’s recovery as spot Exchange Traded Funds point to a sixth consecutive week of outflows.

Sui risks a deeper bearish leg despite on-chain resilience

Sui is down 2% on Friday, extending its decline toward the recent support leg formed at $0.6618. The Total Value Locked in the Sui ecosystem has stabilized around 600 million SUI tokens, reflecting resilient user demand.

Bitcoin: Recovery hopes fade after the Fed spoils the party
Bitcoin (BTC) is set to end the week in the red, trading near the 200-Week Simple Moving Average (SMA) at around $62,300 on Friday. Institutional selling persists, capping BTC’s recovery as spot Exchange Traded Funds (ETFs) point to a sixth consecutive week of outflows.