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

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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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FXStreet Team

FXStreet

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.

Ripple extends losses as derivatives interest cools

Ripple (XRP) extends its bearish roll near $1.12 support on Friday, reflecting intense headwinds in the broader crypto market largely attributable to macroeconomic pressure.

Crypto Today: Bitcoin, Ethereum, XRP weaken further as capital outflows persist

Macroeconomic headwinds continue to weigh heavily on the cryptocurrency market on Friday, prompting major assets like Bitcoin (BTC) to pare earlier gains and extend losses after June’s brief relief rally.

Bitcoin Weekly Forecast: Recovery hopes fade after the Fed spoils the party

Bitcoin is set to end the week in the red, trading near the 200-Week Simple Moving Average at around $62,300 on Friday. Institutional selling persists, capping BTC’s recovery as spot Exchange Traded Funds point to a sixth consecutive week of outflows.

Sui risks a deeper bearish leg despite on-chain resilience

Sui is down 2% on Friday, extending its decline toward the recent support leg formed at $0.6618. The Total Value Locked in the Sui ecosystem has stabilized around 600 million SUI tokens, reflecting resilient user demand.

Bitcoin: Recovery hopes fade after the Fed spoils the party

Bitcoin (BTC) is set to end the week in the red, trading near the 200-Week Simple Moving Average (SMA) at around $62,300 on Friday. Institutional selling persists, capping BTC’s recovery as spot Exchange Traded Funds (ETFs) point to a sixth consecutive week of outflows.