|

Cryptocurrencies Price Prediction: Binance Coin, Dogecoin & Cardano — Asian Wrap 31 March

Making a case for Binance Bicasso NFTs playing catalyst to BNB price recovery, $357 incoming?

BNB price is up three days in a row despite the legal tussle between the largest exchange by trading volume, its CEO Changpeng Zhao (CZ), and the Commodity Futures Trading Commission (CFTC). The recovery rally comes as Binance made a bold venture into the world of AI-infused non-fungible tokens (NFTs), and BNB token has recorded an interesting reaction. 

Dogecoin price breaching this key barrier would save $2.5 billion worth of DOGE from losses

Dogecoin price has had one of the most disappointing runs over the last 30 days, which has resulted from a lack of interest from investors. However, if these investors were to suffer more losses, it would be a making of their own as DOGE only needs a push to this level for holders to become profitable again.

Here’s why Cardano price could drop 20%

Cardano price (ADA) kickstarted recovery to retest a key level with a bullish breakout on March 10 when the alt season headlined. However, the destination may not pan out as the altcoin is now experiencing a notable shift in its investor base compared to the previous month.

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 Price Forecast: XRP builds recovery momentum as whales increase exposure
Ripple (XRP) rises toward the pivotal $1.10 resistance on Thursday, marking three consecutive days of gains. This neutral-to-slightly bullish outlook follows the Federal Reserve (Fed) decision to leave interest rates unchanged in the 3.50%-3.75% range.
Bitcoin Price Forecast: BTC recovery pauses as hawkish Fed, US-Iran tensions weigh on sentiment
Bitcoin (BTC) steadies above a key support zone on Thursday, consolidating near $64,000 after a modest rebound earlier this week. Fresh inflows into BTC spot Exchange Traded Funds (ETFs) has provided some support.
Crypto Today: Bitcoin, Ethereum, XRP trade sideways as US-Iran tensions intensify
The crypto market is trading in neutral-to-slightly bullish conditions on Thursday, with Bitcoin (BTC) holding above $64,000 while its immediate upside remains capped. Ethereum (ETH) hovers above the $1,900 short-term support level while Ripple (XRP) struggles to gain momentum ahead of a potential nail $1.10 breakout.
Bitcoin ETF inflows return as Ether funds slip into outflows
US-listed spot Bitcoin exchange-traded funds (ETFs) ended a four-session outflow streak on Wednesday, recording $32.1 million in net inflows.
Bitcoin: BTC holds firm, but the $100 Oil threat could change the game
Bitcoin (BTC) is modestly recovering, trading at $65,400 on Friday and holding firmly above the key support zone. US-listed spot Bitcoin Exchange Traded Funds (ETFs) supported BTC’s modest recovery as they continued to attract institutional inflows through Thursday, pointing to the third consecutive week of inflows.