Cryptocurrencies Price Prediction: Ethereum, Cardano & Bitcoin – American Wrap 18 March


Bitcoin Weekly Forecast: BTC eyes $53,000, but indicators suggest otherwise

Bitcoin price consolidation continues with the formation of a bullish setup. A breakout from this formation could be the key to triggering a bull run, but things are not as simple as they appear. On-chain metrics and market indicators suggest that the bullish thesis has more than meets the eye.

Top 3 Price Prediction Bitcoin, Ethereum, XRP: Cryptos maintain bullish structure despite growing anxiety

Bitcoin price is hanging just below a very thing Ichimoku Cloud on the daily chart, indicating weak resistance ahead. Ethereum price action leads altcoins higher, with ETH testing major resistance. XRP price is at the cusp of confirming a powerful bullish entry setup but needs one more condition to trigger.

Cardano price may spike to $1.25 before finding resistance

Cardano price is not only on track to close its first green/white weekly candlestick in six weeks, but, depending on the trading activity for the remainder of the day, ADA may close the weekly candlestick as a Bullish Engulfing candlestick.


Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers. The author will not be held responsible for information that is found at the end of links posted on this page.

If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.

FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.

The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.

Join Telegram

Recommended content


Recommended Content

Editors’ Picks

LINK price jumps 10% as Chainlink races toward tokenization of funds

LINK price jumps 10% as Chainlink races toward tokenization of funds

Chainlink (LINK) price has remained range-bound for a while, stuck between the $16.00 roadblock to the upside and $13.08 to the downside. However, in light of recent revelations, the token, which powers the verifiable web of the decentralized computing platform, may have further upside potential.

More Chainlink News

Gaming token Notcoin down by almost 50% after airdrop launch

Gaming token Notcoin down by almost 50% after airdrop launch

NOT experienced a rapid decline hours after its anticipated launch on Thursday, shedding almost 50% of its value. This continues the cycle of huge selling pressure faced by cryptocurrency airdrops after their launch, especially the launch of gaming tokens in recent times.

More Notcoin News

Ethereum drops below $3,000 again, spot ETH ETF sparks debate in crypto community

Ethereum drops below $3,000 again, spot ETH ETF sparks debate in crypto community

Ethereum again went below the $3,000 key level on Thursday after posting signs of a rally. The price action follows predictions from the community regarding the SEC's decision on spot ETH ETFs next week.

More Ethereum News

SUI price defends $0.8880 amid multiple Sui network integrations

SUI price defends $0.8880 amid multiple Sui network integrations

Sui (SUI) price failed to heed to the broader market recovery on Wednesday, extending the fall to the $0.8880 support level. However, with multiple network integrations in the works, the altcoin has pivoted around this level and is scaling a recovery.

More Sui News

Bitcoin: Why BTC is close to a bottom

Bitcoin: Why BTC is close to a bottom

Bitcoin (BTC) price efforts of a recovery this week have been countered by selling pressure during the onset of the American session. However, the downside potential appears to have been capped. 

Read full analysis

BTC

ETH

XRP