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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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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.

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Ripple and Stellar outlook: Rebound from key technical supports as derivatives turn mildly bullish

Ripple and Stellar outlook: Rebound from key technical supports as derivatives turn mildly bullish

Ripple and Stellar rebound slightly on Tuesday, trading above $1.359 and $0.191, respectively, following a correction the previous day. Both XRP and XLM now test key support levels, with improving derivatives metrics supporting their recovery. Derivatives data shows improving conditions for Ripple and Stellar.

Dogecoin Price Forecast: DOGE tests $0.0800 support level amid ETF outflows

Dogecoin Price Forecast: DOGE tests $0.0800 support level amid ETF outflows

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Ripple-backed Evernorth goes live on Nasdaq with 473 million XRP treasury

Ripple-backed Evernorth goes live on Nasdaq with 473 million XRP treasury

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Bitcoin shows bottoming signs despite recent macro pressures

Bitcoin shows bottoming signs despite recent macro pressures

Bitcoin (BTC) remained range-bound above $82,000 on Monday as upcoming US economic data and onchain indicators weigh on market sentiment. Crypto trading firm QCP Group stated in its Monday report that Bitcoin has maintained a firmer footing a year after the market’s largest single-day liquidation event.
Bitcoin: Uptober or Rektober?

Bitcoin: Uptober or Rektober?

Bitcoin (BTC) price is down over 4% so far this week, trading below $83,000 at the time of writing on Friday as mounting selling pressure threatens to derail the seasonal “Uptober” rally. Profit-taking, a surge in long liquidations and weakening demand from institutional investors are weighing on BTC.