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Cryptocurrencies Price Prediction: Cardano, Zcash & Bitcoin – Asian Wrap 23 September

Cardano Price Forecast: Bulls push higher as open interest, funding rates rise

Cardano (ADA) extends gains, trading above $0.262 on Wednesday, after rallying more than 14% so far this week. The bullish momentum is supported by rising Open Interest (OI), positive funding rates and signs of whale accumulation. If buying pressure persists, ADA could extend its rally and target higher levels.

Zcash Price Forecast: ZEC rally hits record high in a parallel channel amid network growth

Zcash (ZEC) rally continues to scale higher, trading above $1,600 at press time on Wednesday after a 10% jump the previous day. The privacy-focused token witnesses a surge in shielded activity, recording the highest weekly total since 2022, while Grayscale’s ZEC-focused fund logged over $30 million in inflows on Tuesday. The technical outlook for Zcash indicates an upside bias, as the price rally is forming a bullish channel pattern.

Top 3 Price Prediction: Bitcoin, Ethereum, Ripple – BTC steadies after strong rally, ETH and XRP ease into consolidation

Bitcoin price trades at $86,364 on Wednesday after surging over 6% so far this week. The Crypto King extends the strong bullish phase as it holds well above the 50-day, 100-day and 200-day Exponential Moving Averages (EMAs), clustered between roughly $72,900 and $75,880. BTC has also pushed decisively above the previously marked horizontal support at $85,000, turning the recent breakout into a consolidation at elevated levels. Momentum remains constructive, with the Relative Strength Index (RSI) near 72, in overbought territory but still pointing to persistent buying pressure. At the same time, the Moving Average Convergence Divergence (MACD) stands in positive territory with its line above the signal and a widening positive histogram, hinting that the uptrend remains intact for now.

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Zcash rally hits record high in a parallel channel amid network growth

Zcash rally continues to scale higher, trading above $1,600 on Wednesday after a 10% jump the previous day. The privacy-focused token witnesses a surge in shielded activity, recording the highest weekly total since 2022, while Grayscale’s ZEC-focused fund logged over $30 million in inflows on Tuesday.

Bitcoin Cash, BitcoinSV, and LayerZero rallies push higher

Top altcoins, including Bitcoin Cash, BitcoinSV, and LayerZero, are up in double digits over the last 24 hours, suggesting a potentially stable upward trend. BCH reclaims the $300 threshold, scaling to a three-month high while BSV and ZRO are trading at their annual and four-month highs, respectively.

Bitcoin steadies after strong rally, Ethereum and XRP ease into consolidation

Bitcoin, Ethereum, and Ripple bulls take a breather mid-week after gains of 6%, 4%, and 13% so far this week. BTC consolidates at $86,300, ETH hovers around $2,751, and XRP is at $1.57. The price action of these top three cryptocurrencies suggests bulls remain in control.

Ethereum holds above $2,700 as investors continue bullish positioning

Ethereum held above $2,700 on Tuesday after starting the week on a positive note. The top crypto stretched its 7-day gains to 14% after energy prices and the US 10-year Treasury yields dipped on Monday.

Bitcoin: BTC shrugs off CLARITY Act setback and hawkish Fed
Bitcoin (BTC) price action has remained resilient this week, trading above $78,000 at the time of writing on Friday, heading toward a key resistance zone. Institutional demand shows early signs of weakness, with spot Exchange Traded Funds (ETFs) on track for a second straight week of outflows, with over $420 million recorded through Thursday amid escalating Middle East tensions.