Cryptocurrencies Price Prediction: Bitcoin, Avalanche & Crypto.com — Asian Wrap 28 Feb [Video]

FXStreet Team FXStreet

Bitcoin Price Analysis: BTC/USD sellers approach $36,300 on Russia-Ukraine crisis

BTC/USD seesaws around $36,700 during the late Sunday’s trading, after declining for three consecutive weeks in the last. In doing so, the Bitcoin pair makes rounds to the 61.8% Fibonacci retracement (Fibo.) of the quote’s upside from late January to February 10.

AVAX presents buying opportunity before Avalanche hits $110

AVAX price has developed a new higher low on the Point and Figure chart, giving many Point and Figure traders the confirmation necessary to look at the long side of the trade. As a result of the current price action, a new probable long entry setup has appeared.

Crypto.com bulls attempt to break resistance that could return CRO To $0.50

Crypto.com price action has seen the same rally off its lows that many cryptocurrencies have seen since Thursday. At present, CRO is halted up against the first of two resistance clusters that must be broken. A return to $0.50 would be the first step to returning to all-time highs.

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Zcash Price Forecast: ZEC tests $500 threshold amid risks of a deeper correction

Zcash price hovers around $500 on Friday after five consecutive days of losses, testing a crucial support cluster. The privacy coin holds retail strength, with a positive funding rate despite over $2 million in liquidations over the last 24 hours, suggesting bullish bias persists.

Dogecoin Price Forecast: DOGE eyes $0.065 after breaking key support level

Dogecoin price trades in the red below $0.0700 on Friday, following a 5% drop the previous day. DOGE loses retail strength as broader market speculative demand eases with elevated tensions between the US and Iran. The technical outlook for DOGE points to deeper losses below $0.065.

Cardano Price Forecast: Mixed signals cap ADA recovery

Cardano extends its decline, trading below $0.168 on Friday after facing rejection at the 50-day EMA earlier this week. Mixed derivatives metrics indicate traders' indecision, while neutral momentum indicators suggest ADA lacks a catalyst for a sustained move in either direction. Derivatives data for Cardano show mixed sentiments among traders.

Crypto Market Overview: Bitcoin tests 50-day EMA support – Pi Network and Sky lead losses

The broader cryptocurrency market faces headwinds with rising tensions between the US and Iran, pushing Bitcoin (BTC) down to its 50-day Exponential Moving Average (EMA) support around $65,135 on Friday. Under pressure, Pi Network (PI) and Sky (SKY) emerge as the worst-performing crypto assets over the last 24 hours.

Bitcoin’s potential recovery in the second half hinges on these 4 catalysts

Bitcoin (BTC) has fallen over 34% in the first half of this year as the King Crypto failed to capitalize on a good semester for risk assets despite the woes from the Iran war.