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Cryptocurrencies Price Prediction: Cardano, Shiba Inu & Bitcoin – American Wrap 08 March

Top 3 Price Prediction Bitcoin, Ethereum, XRP: Crypto bloodbath likely to continue until late March

Bitcoin price continues to slide south, with warning signs indicating a major break lower is increasingly probable. Ethereum price confirms a likely resumption of selling pressure. XRP price hangs by a thread and is positioned for another major swing lower. 

Cardano turns bullish after Ukraine NATO news

Cardano price saw some bullish price action return during the latter half of the trading day. News regarding Ukraine's new stance on NATO flipped markets on their heals worldwide, turning equity markets bullish and commodity markets reversing most of the daily gains. How long this change will last remains to be seen.

Shiba Inu Price Prediction: SHIB stuck in no-trade zone

Shiba Inu price has experienced significant profit-taking since February. Regardless, the low volume on larger time frames does NOT suggest that bears are in control of SHIB. Further evidence of a no-trade zone is being displayed on smaller time frames as the Bollinger Bands have begun to squeeze Shiba Inu price notoriously.  

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XRP steadies above $1.90 support as fund inflows and retail demand rise

Ripple (XRP) is stable above support at $1.90 at the time of writing on Monday, after several attempts to break above the $2.00 hurdle failed to materialize last week. Meanwhile, institutional interest in the cross-border remittance token has remained steady.

Cardano struggles to extend gains as retail interest wanes despite Midnight's NIGHT token launch

Cardano ticks higher after a bearish weekend, struggling to extend an upcycle within a descending wedge pattern. On-chain data shows an increase in trading volume and user activity after the Midnight side chain token launch.

Crypto Today: Bitcoin, Ethereum recover as XRP remains supported by ETF inflows

Bitcoin is trending up toward the pivotal $90,000 level at the time of writing on Monday, which marks four consecutive days of gains. Altcoins, including Ethereum and Ripple, are also rebounding above key short-term support levels.

Bitcoin nears $90,000 as recovery hopes clash with institutional outflows

Bitcoin is approaching the $90,000 resistance level at the time of writing on Monday, raising hopes of a short-term recovery. However, the bullish recovery is being challenged by weakening institutional demand, as evidenced by outflows from Spot ETFs.

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Bitcoin: Fed delivers, yet fails to impress BTC traders

Bitcoin (BTC) continues de trade within the recent consolidation phase, hovering around $92,000 at the time of writing on Friday, as investors digest the Federal Reserve’s (Fed) cautious December rate cut and its implications for risk assets.