Cryptocurrencies Price Prediction: Cardano, Raydium & Bitcoin – Asian Wrap 11 September

Cardano Price Forecast: Approaches critical support as correction risks grow

Cardano (ADA) recovers slightly, trading at $0.206 at the time of writing on Friday, inches above the critical support zone after losing more than 6% so far this week. Weakening derivatives data and fading bullish momentum suggest a bearish near-term outlook, with a decisive close below the support zone potentially triggering a deeper correction for ADA.

Crypto Overview: Bitcoin slips below $77,000 – Raydium, Falcon Finance hold gains

Raydium is up 9% on Friday, extending its 17% rise from the previous day. The DeFi token trades at a 10-month high, with nearly 100% gains so far this month, reflecting a strong bullish phase. RAY hovers well above its 50-, 100-, and 200-day EMAs near $0.8482, $0.7714, and $0.8412, respectively, reinforcing a firmly supportive backdrop. In addition, the 50-day EMA crosses above the 200-day EMA, signaling a Golden Cross, which typically confirms a bullish trend reversal.

Top 3 Price Prediction: Bitcoin, Ethereum, Ripple – BTC pullback, ETH stalls, XRP weakens

Bitcoin price trades at $76,924 on Friday after falling over 4% so far this week. Despite this pullback, BTC holds a constructive bullish bias as it consolidates well above its key Exponential Moving Averages (EMAs). The Crypto King remains supported by a tight cluster of the 50-day EMA near $72,869 and the 200-day EMA around $72,935, with the 100-day EMA lower at $70,820, suggesting the broader uptrend is still intact despite the recent pullback.