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

FXStreet Team FXStreet

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.

Author

FXStreet Team

FXStreet

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.

XRP recovery may stall above support as weak on-chain metrics reinforce bearish outlook

Ripple (XRP) shows subtle signs of recovery above $1.05 on Tuesday, with the move to around $1.07 ending three straight days of losses amid a pressured broader cryptocurrency market.

Crypto Today: Bitcoin, Ethereum, XRP extend sideways trading amid ETF outflows, US-Iran war escalation

Bitcoin hovers around $62,500 amid prevalent sideways trading. Meanwhile, major altcoins such as Ethereum and Ripple are holding above crucial support levels at $1,700 and $1.05, respectively, reflecting ongoing consolidation across the crypto sector.

Curve DAO tests breakout rally as bulls target over 15% upside

Curve DAO price is up 4% on Tuesday, extending its 3% gains from the previous day to emerge as the best-performing altcoin over the last 24 hours. On-chain data shows waning selling pressure as supply available on exchanges declines, while top holders increase their exposure amid rising supply in profit.

Bitcoin Price Forecast: Geopolitical tensions, ETF outflows keep BTC under pressure

Bitcoin remains under pressure, trading at $62,600 on Tuesday after slipping over 2% in the previous day. The bearish bias is further fueled by renewed geopolitical tensions between the US and Iran, which have dampened risk appetite.

Bitcoin: Strategy sells, the market doesn’t care

Bitcoin (BTC) reclaims $64,000 on Friday, extending a modest recovery while holding firmly above the key technical support zone so far this week. Mixed spot Exchange Traded Funds (ETFs) flows through Thursday reflect cautious institutional positioning. Meanwhile, traders have digested headlines about Strategy’s recent Bitcoin sale, highlighting the Crypto King’s resilience and deep liquidity.