Cryptocurrencies Price Prediction: Cardano, Bitcoin & VeChain – American Wrap 18 May

FXStreet Team FXStreet

Cardano price strength could propel ADA another 50%

Cardano price climbs leaderboard with a surge in relative strength, providing patient investors with an opportunity to seize upon the bullish attention garnered by ADA’s lesser carbon-intensive ecosystem. Any consolidation at this point should prove to be temporary.

Top 3 Price Prediction Bitcoin, Ethereum, Ripple: China bans crypto yet again

Bitcoin price rests at strategic technical level, still searching for a bottom. Ethereum price joins the broad selling in the cryptocurrency complex, falling 30% from peak to correction low. Ripple price forms symmetrical triangle but fails on first breakout attempt.

VeChain Price Prediction: VET heads to $1 next

VeChain price surged by over 200% during the first two weeks of April, creating a new all-time high at nearly $0.30. VET has retraced by over 50% since then and is currently trading at $0.16. Now, the digital asset seems ready to resume its uptrend as it tries to break out from a continuation pattern.

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XRP steadies above $1.90 support as fund inflows and retail demand rise

Ripple (XRP) is stable above support at $1.90 at the time of writing on Monday, after several attempts to break above the $2.00 hurdle failed to materialize last week. Meanwhile, institutional interest in the cross-border remittance token has remained steady.

Cardano struggles to extend gains as retail interest wanes despite Midnight's NIGHT token launch

Cardano ticks higher after a bearish weekend, struggling to extend an upcycle within a descending wedge pattern. On-chain data shows an increase in trading volume and user activity after the Midnight side chain token launch.

Crypto Today: Bitcoin, Ethereum recover as XRP remains supported by ETF inflows

Bitcoin is trending up toward the pivotal $90,000 level at the time of writing on Monday, which marks four consecutive days of gains. Altcoins, including Ethereum and Ripple, are also rebounding above key short-term support levels.

Bitcoin nears $90,000 as recovery hopes clash with institutional outflows

Bitcoin is approaching the $90,000 resistance level at the time of writing on Monday, raising hopes of a short-term recovery. However, the bullish recovery is being challenged by weakening institutional demand, as evidenced by outflows from Spot ETFs.

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Bitcoin: Fed delivers, yet fails to impress BTC traders

Bitcoin (BTC) continues de trade within the recent consolidation phase, hovering around $92,000 at the time of writing on Friday, as investors digest the Federal Reserve’s (Fed) cautious December rate cut and its implications for risk assets.

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