TRENDING:
Oil price
XAU/USD
EUR/USD
GBP/USD
Silver
Sponsored by
Login
|

Cryptocurrencies Price Prediction: Cardano, Dogecoin & Ethereum – Asian Wrap 24 Mar

Cryptocurrencies Price Prediction: Cardano, Dogecoin & Ethereum – Asian Wrap 24 Mar
FXStreet TeamFXStreet TeamFXStreet

Cardano Price Prediction: ADA drops towards monthly support but further losses will be challenged

ADA/USD remains depressed below 21-day SMA, currently down 1.15% to $1.1022, during early Wednesday. In doing so, the cryptocurrency pair stays below the immediate SMA for the third day in a row. Five-week-old horizontal area adds to the upside filters, 50-day SMA tests bears as well. 

Dogecoin price rests at an inflection point for the bull market

Dogecoin price is at an inflection point as two technical developments may ignite volatility and bring an end to the long drift sideways of the last month. DOGE is set to close today with a squeeze formation confirmation, and it may be the catalyst that shakes the bulls or bears from hibernation.

Ethereum Price Prediction: ETH bears eye mid-$1,500s on break of key SMA

ETH/USD remains on the back foot around $1,670 during late Tuesday’s trading. In doing so, the altcoin keeps the downside break of 50-day SMA, amid bearish MACD, near the lowest levels last seen on March 07. Buyers and sellers both have multiple barriers but trips for bears seem less bumpy ahead of immediate support line.

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

Crypto Today: Bitcoin, Ethereum, XRP recover ahead of US Senate vote on CLARITY Act

Crypto Today: Bitcoin, Ethereum, XRP recover ahead of US Senate vote on CLARITY Act

Bitcoin edges higher, trading near $77,884 as of Monday, in tandem with broader gains across the cryptocurrency market. Ethereum and Ripple follow Bitcoin’s neutral-to-bullish trajectory, holding key support levels at $2,521 and $1.38, respectively.

Bitcoin Price Forecast: BTC recovery faces headwinds from ETF outflows and elevated Fed rate-hike bets

Bitcoin Price Forecast: BTC recovery faces headwinds from ETF outflows and elevated Fed rate-hike bets

Bitcoin is recovering, trading above $78,200 on Monday after a more than 4% pullback the previous week. Elevated Fed rate-hike bets and geopolitical risks are boosting the USD, capping BTC’s upside potential.

Pi Network extends gains as ecosystem development supports recovery

Pi Network extends gains as ecosystem development supports recovery

Pi Network (PI) extends its recovery on Monday, trading above $0.097 after two consecutive weeks of gains. Continued ecosystem development and improved developer tools are boosting utility.

Cardano Price Forecast: Hovers near key EMAs as cautious metrics leave rallies exposed to selling

Cardano Price Forecast: Hovers near key EMAs as cautious metrics leave rallies exposed to selling

Cardano hovers near the key 50-day and 100-day EMAs around $0.200 on Monday after losses of over 8% in the previous week. The technical outlook suggests that bullish attempts remain vulnerable to selling pressure at higher levels.

Bitcoin: BTC retreats as macro headwinds grow

Bitcoin: BTC retreats as macro headwinds grow

Bitcoin (BTC) remains under pressure, down over 4% this week and trading around $76,900 at the time of writing on Friday. Institutional demand shows signs of weakness as spot BTC Exchange Traded Funds (ETFs) are on track to end their three-week inflow streak, recording nearly $500 million in net outflows through Thursday.