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Cryptocurrencies Price Prediction: Cardano, Bitcoin & Cryptos – American Wrap 13 January

Cryptocurrencies Price Prediction: Cardano, Bitcoin & Cryptos – American Wrap 13 January
FXStreet TeamFXStreet TeamFXStreet

Crypto and AI tokens hit hard as Bitcoin slips below $90,000

Bitcoin (BTC) lost support at the $90,000 level on Monday, down to a low of $89,256 on the day. Experts analyzed the state of the market, identifying catalysts like macroeconomic developments in the United States (US) and President-elect Donald Trump’s inauguration as the key movers for BTC. 

Top 10 crypto tokens

Cardano Price Forecast: ADA to hold $0.90 support as traders bet $1.2B on Trump policies

Cardano’s price fell as low as $0.91 on Monday, entering an 8% correction after emerging as the best performer last week. Market data shows that ADA bull traders remain reluctant to exit despite volatile price movements. Will ADA stage a rapid rebound from $0.90? 

Bitcoin's brutal blunder or bounce – 90 to 98k what next?

Bitcoin has kept traders on edge with sharp moves, testing key support and resistance levels. The recent price action has followed our Neutral Strategy as discussed in the last idea - Is Bitcoin Falling in Wave 3? with Bitcoin bouncing from important support levels and then dropping again. The psychological level of 90,000 is now the most critical point to watch as Bitcoin looks for its next direction.

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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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Cardano Price Forecast: ADA holds above EMAs as recovery builds

Cardano Price Forecast: ADA holds above EMAs as recovery builds

Cardano reclaims trading above the key support zone on Monday after a 2.85% correction last week. Improving derivatives positioning and constructive technical outlook support a recovery for ADA. Derivatives data shows an improving sentiment among Cardano traders. CoinGlass’ long-to-short ratio for ADA reads 1.01 on Monday, flipping into green territory.

Zcash Price Forecast: $30 million ETF outflows weigh on mild ZEC recovery

Zcash Price Forecast: $30 million ETF outflows weigh on mild ZEC recovery

Zcash trades around $1,278 at press time on Monday, holding the previous day's 4% gains and showing a steady recovery over the last three days. Institutional demand for Zcash remains low, with Grayscale’s ZEC-focused Exchange Traded Fund recording $30 million in outflows last week.

Top 3 Price Prediction: BTC reclaims $83,500, ETH takes back 50-day EMA, XRP holds support

Top 3 Price Prediction: BTC reclaims $83,500, ETH takes back 50-day EMA, XRP holds support

Bitcoin takes back $83,500 on Monday after a sharp correction, with the Crypto King slipping below $81,000 the previous week. Ethereum and Ripple followed BTC’s footsteps, recovering and reclaiming the $2,500 and $1.400 marks after a pullback last week.

Ethereum Price Forecast: Weakening derivatives and US sentiment keep ETH below $2,500

Ethereum Price Forecast: Weakening derivatives and US sentiment keep ETH below $2,500

Ethereum saw a brief recovery on Friday, up 3% over the past 24 hours, but remains below the $2,500 key level as derivatives continue to show weakness. Open interest, the total value of outstanding contracts in a derivatives market, briefly rose to 13.29 million ETH earlier on Thursday as prices fell, before retreating to 12.83 million ETH.

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.