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Cryptocurrencies Price Prediction: Bitcoin, Cardano & Zilliqa – American Wrap 23 March

Cryptocurrencies Price Prediction: Bitcoin, Cardano & Zilliqa – American Wrap 23 March
FXStreet TeamFXStreet TeamFXStreet

Bitcoin may 'take out' previous $53K lows before bulls regain control, says trader

A night of losses pressures bulls as liquidations mount up and $46,000 support looms large.

Bitcoin (BTC) dropped to its lowest in two weeks on March 23 amid fears that bulls were running out of appetite to buy.

Cardano Price Prediction: ADA poised for 22% upswing despite bearish technical picture

Cardano's downtrend seems to be coming to an end. Its retreat has been steady since the sellers' rejection at $1.48 (an all-time high). A double-top pattern is likely to have contributed to the incurred losses. Meanwhile, ADA is trading within the confines of a technical pattern, likely to result in a tremendous upswing.

Zilliqa utility hits new milestones while ZIL price prepares for 45% blast-off

New developments around the Zilliqa blockchain are gaining traction and could positively affect ZIL price in the short term.

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Dogecoin Price Forecast: DOGE breaks key support amid declining investor confidence

Dogecoin Price Forecast: DOGE breaks key support amid declining investor confidence

Dogecoin (DOGE) trades in the red on Thursday, following a 4% decline on the previous day. The DOGE supply in profit declines as large wallet investors trim their portfolios. Derivatives data shows a surge in bearish positions amid declining retail interest.

Cardano Price Forecast: ADA dips below $0.37, hitting two-month low as bearish momentum builds

Cardano Price Forecast: ADA dips below $0.37, hitting two-month low as bearish momentum builds

Cardano (ADA) price trades in the red, slipping below $0.37 on Thursday after correcting more than 7% so far this week. The ongoing pullback could deepen further as ADA’s social dominance declines and dormant wallet activity rises, suggesting bearish sentiment among traders.

Top Crypto Losers: Pump.fun, SPX6900, Bittensor slide further with double-digit losses

Top Crypto Losers: Pump.fun, SPX6900, Bittensor slide further with double-digit losses

Pump.fun (PUMP), SPX6900 (SPX), and Bittensor (TAO) are leading the losses in the cryptocurrency market over the last 24 hours amid total liquidations of over $500 million. The retail segment alleges institutional manipulation amid an early-morning Bitcoin sell-off routine in the US market.

Bitcoin, Ethereum whipsaw sparks heavy liquidations amid accusations of market manipulation

Bitcoin, Ethereum whipsaw sparks heavy liquidations amid accusations of market manipulation

The crypto market whipsawed on Wednesday as top cryptocurrencies, including Bitcoin (BTC) and Ethereum (ETH), quickly reversed gains from the early American session.

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Bitcoin: Fed delivers, yet fails to impress BTC traders

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.