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

Cryptocurrencies Price Prediction: Cardano, Ethereum & Bitcoin – American Wrap 13 August

Cryptocurrencies Price Prediction: Cardano, Ethereum & Bitcoin – American Wrap 13 August
FXStreet TeamFXStreet TeamFXStreet

Top 3 Price Prediction Bitcoin, Ethereum, Ripple: No one wants to sell as BTC and ETH consolidate in time versus price

Bitcoin price and Ethereum consolidate notable gains above critical resistance that has become support as XRP price reaches a short-term top and contemplates the next leg higher.

ADA price might dive after delay in Cardano's Alonzo hardfork

Cardano announces a delay in the Alonzo hardfork in their latest development update.  ADA price is likely to suffer the impact of the delay since earlier this month founder Charles Hoskinson slammed critics for their uncertainty on Cardano's smart contract rollout.  Smart contract launch date is set to be pushed further in September due to the latest announcement. Cardano's latest updates may negatively impact the "Ethereum killer's" price rally. 

Experts believe Bitcoin is on its way to $92,000

Bank of America outlines the benefits of adopting Bitcoin as legal tender in El Salvador, suggesting a bullish outlook on the leading cryptocurrency. Bitcoin is decoupling with gold, correlation turns negative as the bellwether cryptocurrency rallies. Bitcoin mining difficulty is up 7.3%, marking the first significant increase since the hashrate migration. 

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 recovery slows amid incessant capital outflows

Crypto Today: Bitcoin, Ethereum, XRP recovery slows amid incessant capital outflows

The cryptocurrency remains in a broader corrective bias on Friday, despite majors such as Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) holding slightly higher than early-week support levels.

Cardano: Whale selling, cautious derivatives limit ADA rebound

Cardano: Whale selling, cautious derivatives limit ADA rebound

Cardano is trading near $0.170 at the time of writing on Friday after staging a modest rebound from last week's sharp correction. However, the recovery remains fragile as large holders have resumed reducing their positions, adding fresh selling pressure to ADA.

Experts agree: Bitcoin nears bottom, but weak demand raises doubts

Experts agree: Bitcoin nears bottom, but weak demand raises doubts

Bitcoin (BTC) is trading above $63,000 at the time of writing on Friday after rebounding from the key 200-week Simple Moving Average (SMA) near $62,000, a level widely viewed as key long-term support.

Pi Network Price Forecast: Bulls attempt comeback as bearish strength fades

Pi Network Price Forecast: Bulls attempt comeback as bearish strength fades

Pi Network is trading at around $0.120 on Friday after a modest recovery the previous day. Despite this recent rebound, traders should be cautious as a scheduled unlock of 14.8 million PI tokens on Friday could limit the token's recovery potential by increasing market supply.

Experts agree: Bitcoin nears bottom, but weak demand raises doubts

Experts agree: Bitcoin nears bottom, but weak demand raises doubts

Bitcoin (BTC) is trading above $63,000 at the time of writing on Friday after rebounding from the key 200-week Simple Moving Average (SMA) near $62,000, a level widely viewed as key long-term support. The recovery may suggest that Bitcoin has found a floor after a sharp correction that spanned more than a month, but some warning signs persist.