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Cryptocurrencies Price Prediction: Cardano, Bitcoin & Hyperliquid – Asian Wrap 06 July

Cardano Price Forecast: Bullish momentum persists as traders stay cautiously optimistic

Cardano (ADA) is trading slightly lower on Monday, finding support around the key technical level at $0.186. ADA pauses its gains at the start of this week after posting a massive 31% rally in the previous week. Despite the pullback, derivatives data suggests traders remain cautiously optimistic, while momentum indicators indicate that the uptrend remains intact if ADA holds the key support zone.

Top 3 Price Prediction: Bitcoin, Ethereum, Ripple – BTC maintains recovery, ETH challenges 50-day EMA, XRP breaks higher

Bitcoin price trades at $63,500 on Monday after surging over 6% in the previous week. BTC is maintaining a capped bias as price remains below the 50-day, 100-day, and 200-day Exponential Moving Averages (EMAs), all of which sit well above spot. The immediate ceiling is the horizontal level around $64,004, with the 50-day EMA near $65,763 adding to overhead supply further up, while the longer-term 100-day and 200-day EMAs near $69,469 and $75,427 respectively, reinforce a broader bearish structure despite a modestly positive Relative Strength Index (RSI) around 51 and a firmly positive Moving Average Convergence Divergence (MACD), which hint at improving but still constrained momentum.

Crypto Market Overview: Steady recovery in Bitcoin nears key resistance – PUMP and HYPE lead gains

Hyperliquid hovers above $70 on Monday, edging higher after 2% gains the previous day. The recovery tests a near-term resistance trendline, where a decisive close above it would confirm a bullish breakout of a symmetrical triangle pattern. The R1 Pivot Point at $77.12 would serve as an initial target, followed by the R2 Pivot Point at $89.18.

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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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Ethereum Price Forecast: ETH falls below $2,500 as hot CPI raises Fed hike odds
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