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Cryptocurrencies Price Prediction: Bitcoin, Shiba & USDC — Asian Wrap 13 March

Cryptocurrencies Price Prediction: Bitcoin, Shiba & USDC — Asian Wrap 13 March
FXStreet TeamFXStreet TeamFXStreet

Shytoshi Kusama announces launch of highly anticipated Shibarium public beta: What to expect from SHIB?

Shytoshi Kusama, the lead developer of the second largest meme coin by market capitalization announced the launch of the public beta of the layer-2 scaling solution. Shiba Inu price started a recovery post the announcement of Shibarium’s launch. 

Will Circle’s stablecoin suffer same fate as UST: Binance and Coinbase react to USDC depeg

Cryptocurrency exchanges with the largest trade volume, Binance and Coinbase have reacted to Circle’s stablecoin USDC depeg. USDC dropped from its $1 parity and hit $0.88 at press time. 

Bitcoin price makes comeback above $20,000 after $422 million in BTC options were liquidated

Bitcoin price suffered a drawdown in response to the collapse of Silicon Valley Bank. BTC dropped to a five-week low, nosediving below the psychological barrier of $20,000. 

BTC/USD

Overview
Today last price20621.83
Today Daily Change-2.55
Today Daily Change %-0.01
Today daily open20624.38
 
Trends
Daily SMA2022786.17
Daily SMA5022918.95
Daily SMA10020224.21
Daily SMA20019708.52
 
Levels
Previous Daily High20923.5
Previous Daily Low19934
Previous Weekly High22652.64
Previous Weekly Low19570.66
Previous Monthly High25271.02
Previous Monthly Low21370.42
Daily Fibonacci 38.2%20545.51
Daily Fibonacci 61.8%20311.99
Daily Pivot Point S120064.42
Daily Pivot Point S219504.47
Daily Pivot Point S319074.93
Daily Pivot Point R121053.92
Daily Pivot Point R221483.45
Daily Pivot Point R322043.41

Author

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 sell-off persists as $1.00 support level beckons

Ripple sell-off persists as $1.00 support level beckons

Ripple (XRP) sustains downside pressure, slipping below $1.00 at the time of writing on Tuesday. The path of least resistance remains firmly downward, as the token’s upside is capped by downtrending technical indicators.

Pi Network rebounds from record lows, exits oversold territory as momentum improves

Pi Network rebounds from record lows, exits oversold territory as momentum improves

Pi Network (PI) shows a strong recovery on Tuesday, up over 7% after recording its all-time low of $0.0624 the previous day. PI token’s appeal in the derivatives market shows minor improvement, with Open Interest rising to $6.21 million.

Top Altcoins Price Forecast: Ripple, Cardano, and Solana remain vulnerable to further losses

Top Altcoins Price Forecast: Ripple, Cardano, and Solana remain vulnerable to further losses

Ripple (XRP), Cardano (ADA), and Solana (SOL) struggle to find their footing after last week’s decline amid a decline in institutional investors’ risk appetite.

Crypto Today: Bitcoin, Ethereum, XRP extend decline with US CPI in focus

Crypto Today: Bitcoin, Ethereum, XRP extend decline with US CPI in focus

Cryptocurrency prices face increasing selling pressure on Tuesday, with Bitcoin (BTC) trading below $75,000, Ethereum (ETH) edging lower toward $2,100, and Ripple (XRP) hovering beneath the immediate $1.10 cap.

Bitcoin: Bears tighten grip as BTC eyes fifth weekly loss

Bitcoin: Bears tighten grip as BTC eyes fifth weekly loss

Bitcoin (BTC) remains under pressure, down over 3% this week, trading near $75,500 on Friday and heading for its fifth straight weekly loss. Persistent outflows from US-listed BTC spot Exchange Traded Funds (ETFs), a sharp sell-off in US technology stocks, and rising market liquidations are weighing on sentiment and limiting Crypto King’s recovery attempts.