Cryptocurrencies Price Prediction: Bitcoin, Cardano & Binance Coin — Asian Wrap 03 January

FXStreet Team FXStreet

Bitcoin price trades above $45,000 even as spot BTC ETF applicants cut it close with the SEC

Bitcoin price made headlines over the past few days for reclaiming a crucial resistance as support after nearly two years. The bullishness ahead of the anticipated spot BTC ETF approval is showing its effect on the cryptocurrency even as top applicants, including the likes of Grayscale, leave their applications partially incomplete.

Cardano price sets up buying opportunity for ADA to rally 35%

Cardano (ADA) price action is currently being held up by an inclining trendline. While a breakdown would give sidelined buyers an opportunity to accumulate, a breakout above a key hurdle could propel ADA higher.

BNB price could rally 30% with a bullish technical formation in play as Binance hints at a possible breakout

Binance Coin (BNB) price appears poised for a strong move as the broader market prepares for the US Securities and Exchange Commission (SEC) to approve some, if not all the spot Bitcoin exchange-traded funds (ETFs) filings.

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XRP steadies above $1.90 support as fund inflows and retail demand rise

Ripple (XRP) is stable above support at $1.90 at the time of writing on Monday, after several attempts to break above the $2.00 hurdle failed to materialize last week. Meanwhile, institutional interest in the cross-border remittance token has remained steady.

Cardano struggles to extend gains as retail interest wanes despite Midnight's NIGHT token launch

Cardano ticks higher after a bearish weekend, struggling to extend an upcycle within a descending wedge pattern. On-chain data shows an increase in trading volume and user activity after the Midnight side chain token launch.

Crypto Today: Bitcoin, Ethereum recover as XRP remains supported by ETF inflows

Bitcoin is trending up toward the pivotal $90,000 level at the time of writing on Monday, which marks four consecutive days of gains. Altcoins, including Ethereum and Ripple, are also rebounding above key short-term support levels.

Bitcoin nears $90,000 as recovery hopes clash with institutional outflows

Bitcoin is approaching the $90,000 resistance level at the time of writing on Monday, raising hopes of a short-term recovery. However, the bullish recovery is being challenged by weakening institutional demand, as evidenced by outflows from Spot ETFs.

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Bitcoin: Fed delivers, yet fails to impress BTC traders

Bitcoin (BTC) continues de trade within the recent consolidation phase, hovering around $92,000 at the time of writing on Friday, as investors digest the Federal Reserve’s (Fed) cautious December rate cut and its implications for risk assets.

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