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

Cryptocurrencies Price Prediction: Cardano, Pi Network & Bitcoin – Asian Wrap 28 August

Cryptocurrencies Price Prediction: Cardano, Pi Network & Bitcoin – Asian Wrap 28 August
FXStreet TeamFXStreet TeamFXStreet

Cardano Price Forecast: Whale accumulation fails to dispel uncertain ADA outlook

Cardano (ADA) edges below $0.220 at the time of writing on Friday after losing over 7% so far this week. Despite the recent weakness, on-chain data shows that some whale wallets are using the pullback to accumulate ADA tokens. Meanwhile, mixed on-chain and derivatives metrics point to a cautious outlook as traders assess whether the recent decline could extend further.

Pi Network Price Forecast: PI holds steady as Core Team focuses on distributed AI infrastructure

Pi Network (PI) price hovers above $0.0900 on Friday, sustaining the mild 3% gains recorded over the last two days. Pi Core Team announced the launch of new SoloHost apps, OpenClaw and Atlassian MCP Server, on Thursday, in hopes of expanding the Pi ecosystem. PI token must reclaim the $0.1000 psychological threshold for a sustained recovery.

Top 3 Price Prediction: Bitcoin, Ethereum, Ripple – BTC, ETH, XRP extend bullish runs as technicals warn of stretched momentum

Bitcoin trades at $80,403 on Friday, keeping a clear bullish bias as price holds well above the 50-day, 100-day and 200-day Exponential Moving Averages (EMAs) clustered between roughly $68,400 and $72,100. The strong advance has pushed the Relative Strength Index (RSI) into overbought territory near 82. At the same time, the Moving Average Convergence Divergence (MACD) indicator remains positive but is easing from recent extremes, suggesting upside momentum is still dominant but becoming stretched.

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

Ripple and Stellar outlook: Rebound from key technical supports as derivatives turn mildly bullish

Ripple and Stellar outlook: Rebound from key technical supports as derivatives turn mildly bullish

Ripple and Stellar rebound slightly on Tuesday, trading above $1.359 and $0.191, respectively, following a correction the previous day. Both XRP and XLM now test key support levels, with improving derivatives metrics supporting their recovery. Derivatives data shows improving conditions for Ripple and Stellar.

Dogecoin Price Forecast: DOGE tests $0.0800 support level amid ETF outflows

Dogecoin Price Forecast: DOGE tests $0.0800 support level amid ETF outflows

Dogecoin price ticks higher at press time, showing signs of a rebound from the $0.0800 low earlier in the day and the previous day’s 5% decline. DOGE-focused Exchange Traded Funds are facing selling pressure, with nearly $400,000 in outflows on Monday, weighing on the meme coin. Dogecoin risks a decline of over 15% to the $0.0683 support level if prices break below $0.0800.

Ripple-backed Evernorth goes live on Nasdaq with 473 million XRP treasury

Ripple-backed Evernorth goes live on Nasdaq with 473 million XRP treasury

Ripple-backed digital asset treasury firm Evernorth began trading on the Nasdaq on Monday under the ticker XRPN, giving traditional stock market investors exposure to XRP. The listing follows the completion of Evernorth’s business combination with Armada Acquisition Corp. II on Friday.
Bitcoin shows bottoming signs despite recent macro pressures

Bitcoin shows bottoming signs despite recent macro pressures

Bitcoin (BTC) remained range-bound above $82,000 on Monday as upcoming US economic data and onchain indicators weigh on market sentiment. Crypto trading firm QCP Group stated in its Monday report that Bitcoin has maintained a firmer footing a year after the market’s largest single-day liquidation event.
Bitcoin: Uptober or Rektober?

Bitcoin: Uptober or Rektober?

Bitcoin (BTC) price is down over 4% so far this week, trading below $83,000 at the time of writing on Friday as mounting selling pressure threatens to derail the seasonal “Uptober” rally. Profit-taking, a surge in long liquidations and weakening demand from institutional investors are weighing on BTC.