Cryptocurrencies Price Prediction: Cardano, Zcash & Bitcoin – Asian Wrap 09 November

Cardano Price Forecast: Extends losing streak to five weeks as bears gain control

Cardano (ADA) steadies around $0.176 on Monday after declining over 9% last week and marking the fifth straight week of losses since early October. Bearish price action is further supported by large whale cohorts reducing their ADA holdings. In addition, weakening on-chain data and a deteriorating technical outlook suggest that ADA could face further losses.

Zcash Price Forecast: ZEC loses steam as ETF selling weighs on recovery

Zcash (ZEC) attracts some buyers on Monday, edging higher after two straight days of losses. The privacy coin saw $13 million in total outflows from institutional investors, while its retail appeal remains mixed. The technical outlook for Zcash suggests it is losing steam as the price continues to consolidate between $1,112 and $1,340.

Top 3 Price Predictions: Bitcoin, Ethereum, Ripple – Bears in control, with next support at BTC $70,000, ETH around $2,000 and XRP near $1

Bitcoin price trades at $75,530 on Monday, maintaining a bearish near-term tone as it holds below key Exponential Moving Averages (EMAs). The 200-day EMA at $76,463 acts as the first overhead cap, followed higher by the 100-day EMA at $77,635 and the 50-day EMA near $79,327, all reinforcing a structure of persistent topside supply. Momentum conditions remain soft, with the Relative Strength Index (RSI) hovering in the high-30s and the Moving Average Convergence Divergence (MACD) stuck in negative territory, hinting that selling pressure still outweighs dip-buying interest.