|

Cryptocurrencies Price Prediction: Cardano, Zcash & Litecoin – Asian Wrap 14 Jan

Cardano Price Forecast: ADA battles this crucial barrier for the ultimate liftoff to $0.4

Cardano is among the altcoins that have recorded double-digit gains over the last 24 hours. The price action must have followed Bitcoin’s surge above $37,000. ADA is trading at $0.31 after accruing over 10% in gains. The main aim is to bring down the resistance at $0.32 while focusing on the rest of the journey to $0.4.

Zcash price could be on the verge of a correction as indicator flashes sell signal

Zcash price is up by 116% in the past two weeks and has established a new two-year high at $120.69. Additionally, the digital asset has seen a massive increase in trading volume which adds a lot of credence to the breakout. On the daily chart, the TD Sequental indicator has just presented a sell signal for the first time since August 2020.

Litecoin Price Prediction: LTC at the door of a 16% explosion

Litecoin has been under consolidation for the past two days and has formed a symmetrical triangle pattern on the 1-hour chart. The digital asset looks primed for a massive 16% breakout towards $166. LTC is currently trading just below a critical resistance level at $142 which would open the doors for a 16% breakout towards $166.

Author

More from FXStreet Team
Share:

Markets move fast. We move first.

Orange Juice Newsletter brings you expert driven insights - not headlines. Every day on your inbox.

By subscribing you agree to our Terms and conditions.

Editor's Picks

Stellar Price Forecast: XLM slips below $0.22 as bearish momentum builds

Stellar (XLM) price is trading below $0.22 at the time of writing on Wednesday after failing to close above the key resistance earlier this week. Bearish momentum continues to strengthen, with open interest falling and short bets rising.

Pi Network Price Forecast: PI struggles to rebound amid muted demand

Pi Network (PI) edges higher by almost 1% at press time on Wednesday, bouncing off the $0.2000 level after a four-day decline. The recovery lacks momentum as the social interest surrounding Pi Network declines. Technically, PI is at a crossroads, struggling for a rebound as momentum is lacking.

Top 3 Price Prediction: Bitcoin, Ethereum, and Ripple face downside risks as breakout attempts falter

Bitcoin, Ethereum and Ripple continue to trade in red on Wednesday as recent breakout attempts lose momentum near key resistance levels. BTC failed to reclaim the $90,000, ETH slipped below $3,000, while XRP faced rejection near $1.96.

Top Crypto Losers: NIGHT, PUMP, TAO – Altcoins plunge just before the holidays

Midnight (NIGHT), Pump.fun (PUMP) and Bittensor (TAO) are leading losses over the last 24 hours as the broader cryptocurrency market declines. The altcoins under pressure risk further losses as the selling pressure rises just before the holidays.

Orange Juice Newsletter – Smart insights by real people. Every day.

A free newsletter highlighting key market trends to help traders stay a step ahead. Daily insights on the most relevant trading topics, compiled by our experts in an easy-to-read format so you never miss an important move.

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.