|

Cryptocurrencies Price Prediction: Cardano, Bitcoin & Ripple — Asian Wrap 10 Sep

Cardano Price Prediction: ADA recovery could yield 10% gains

Cardano price is currently in a recovery phase but is currently hovering around a key barrier. A decisive close above this level could trigger an upswing, but a failure to do so might kick-start a downtrend. Cardano price rose 15% from September 8 swing to where it is currently trading, $2.55. However, the resistance barrier at $2.55 is crucial and will help ADA decide directional bias.

Analysts expect an impulsive Bitcoin bounce despite market-wide fear

Fear and Greed index indicates fear, but analysts expect Bitcoin to rally in the next major move. Bitcoin address activity has declined following a pullback in the asset as traders wait for a bullish reversal. Analyst expects an impulsive bounce to follow the recent consolidation in the top cryptocurrency.

XRP price holds above stiff support, which may catapult prices by 30%

Ripple (XRP) had a violent dip on September 7, affected by big risk-off events with Bitcoin and global markets. Price action calmed down significantly on Wednesday as the dust settled, and market participants are redoing their homework on Ripple's opportunities. 

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.

More from FXStreet Team
Share:

Editor's Picks

Ripple eyes $1.50 breakout despite softening on-chain activity

XRP remains elevated near $1.45 after a sharp spike from the weekly low of $1.31. XRP retains a neutral-to-bullish technical outlook, supported by the RSI and uptrending moving averages.

Zcash Price Forecast: Rally hits nine-year high above $1,000 amid growing shielded demand

Zcash trades above $1,000 on Friday, building on its 16% gain from the previous day. On-chain data show a steady increase in shielded supply to 4.86 million ZEC tokens, pointing to growing demand for privacy.

Crypto’s $638 million buyback boom may not be as bullish as it looks

Decentralized Finance (DeFi) protocols reportedly spent $638 million to buy back their native tokens in August, up 17% from a year earlier. On the surface, the buyback trend suggests the cryptocurrency industry is maturing fast.

Crypto Today: Bitcoin, Ethereum, XRP recovery takes a breather amid capital inflows

Bitcoin corrects lower toward $80,000 after testing highs at $81,269, supported by $731 million in ETF inflows. Ethereum bulls push to regain momentum, with $2,500 providing immediate support.

Bitcoin: Gearing up for a sharp move
Bitcoin (BTC) is trading around $81,000 on Friday, up over 4% so far this week, and awaits a key catalyst that could determine its next directional move. Strong institutional demand is supporting the bullish price action, with spot BTC Exchange Traded Funds (ETFs) on track to record a third straight week of inflows.