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Cryptocurrencies Price Prediction: Cardano, Ethereum & Ripple — Asian Wrap 07 Mar

Cryptocurrencies Price Prediction: Cardano, Ethereum & Ripple — Asian Wrap 07 Mar
FXStreet TeamFXStreet TeamFXStreet

Cardano begins seventh consecutive month of losses, ADA weekly close lowest since February 2021

Cardano price action last Monday hinted at a possible recovery and broader trend change after six consecutive months of losses. However, sellers remained in control and not only wiped out all of Cardano’s Monday gains but pushed Cardano to a new lowest close of the past 390-days.

Ethereum could trigger panic selling as ETH positions for a drop to $1,825

Ethereum price is trading against its final support level at $2,500. The level is below the new 2022 Volume Point of Control and below a bearish continuation pattern. A huge sell-off looks very likely to occur at any moment. Ethereum price has two very bearish conditions on its daily Ichimoku chart.

XRP at make or break point, bulls eye a breakout to retest $1

XRP price action is in a very undesirable position: inside the Ichimoku Cloud. The Ichimoku Cloud represents pain, misery, volatility, indecision, and whipsaws – it's where trading accounts go to die. XRP teased a likely bullish breakout twice during last week's trading but failed to deliver.

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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.

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Top 3 Price Prediction: BTC gains strength as ETH and XRP selling eases

Top 3 Price Prediction: BTC gains strength as ETH and XRP selling eases

Top three cryptocurrencies, Bitcoin, Ethereum, and Ripple, are holding steady on Wednesday after a bullish close the previous day. The mild recovery hints at an extended rally as the prevailing bearish pressure eases. Bitcoin trades at $82,930 on Wednesday, holding a bullish near-term bias following a mild rebound the previous day.

Ethereum staking hits record, but yield and fee revenue fall

Ethereum staking hits record, but yield and fee revenue fall

Ethereum staking reached a record 43.8 million ETH in Q3 2026 amid a decline in annualized staking yields, according to crypto asset manager Bitwise. In its Q4 staking report on Tuesday, Bitwise stated that staked Ether accounted for 35.9% of the asset’s total supply by the end of the quarter. Net staking inflows reached 1.99 million ETH, marking the sixth straight quarter of growth.

Bitcoin resumes Nasdaq correlation as macro pressures threaten $82,500 support

Bitcoin resumes Nasdaq correlation as macro pressures threaten $82,500 support

Bitcoin's correlation with the Nasdaq is rising again after last week's decline alongside tech stocks, even as macro pressures place the $82,500 support at risk. In a report on Tuesday, K33 Research highlighted that Bitcoin has resumed its correlation with the tech-heavy Nasdaq after last week's price movements.

Bitcoin resumes Nasdaq correlation as macro pressures threaten $82,500 support

Bitcoin resumes Nasdaq correlation as macro pressures threaten $82,500 support

Bitcoin's (BTC) correlation with the Nasdaq is rising again after last week's decline alongside tech stocks, even as macro pressures place the $82,500 support at risk. In a report on Tuesday, K33 Research highlighted that Bitcoin has resumed its correlation with the tech-heavy Nasdaq after last week's price movements.
Bitcoin: Macroeconomic headwinds, cooling demand cap BTC gains

Bitcoin: Macroeconomic headwinds, cooling demand cap BTC gains

Bitcoin (BTC) extends losses this week, trading below $82,500 as of Friday as selling pressure continues. Weakening institutional demand supports this pullback as BTC spot Exchange-Traded Funds (ETFs) are on track to record a two-week withdrawal streak, reaching $146.19 million in net outflows through Thursday.