|

Cryptocurrencies Price Prediction: Ethereum, Cardano & Solana — Asian Wrap 28 Mar

Ethereum price could break past $3,500 as whale increase their holdings of the altcoin

Ethereum price could continue its uptrend, as analysts set a price target at $3,500. The top 10 Ethereum whales now hold 4.3% more of the altcoin's supply compared to 2021. Analysts have predicted a spike in Ethereum price over the weekend, as whales accumulate ETH. 

Cardano price rallies 25% within a week in response to launch of EVM compatible layer 2

Cardano price could post double-digit gains over the past week as the community awaits updates in the altcoin’s ecosystem. Milkomeda C1 mainnet, an Ethereum Virtual Machine compatible layer two is set to launch on the Cardano network on March 28. Analysts are bullish on Cardano price, predicting a continuation of the altcoin’s uptrend. 

Solana price continues uptrend, analysts predict massive rally in the altcoin

Solana price has gained 11% over the past week as the altcoin recovered from its price drop. Solana’s recent partnerships and updates have fueled a bullish narrative among investors. Solana price continued its uptrend as the altcoin sustained above $100.

Author

FXStreet Team

Composed of a group of economic journalists and FX experts, the FXStreet content team produces and oversees all content published on FXStreet. It provides a purely journalistic approach to the Forex market.

More from FXStreet Team
Share:

Editor's Picks

Bitcoin Weekly Forecast: BTC retreats as macro headwinds grow
Bitcoin (BTC) remains under pressure, down over 4% this week and trading around $76,900 at the time of writing on Friday. Institutional demand shows signs of weakness as spot BTC Exchange Traded Funds (ETFs) are on track to end their three-week inflow streak, recording nearly $500 million in net outflows through Thursday.
XRP falls toward key support as macro uncertainty, weak momentum cap recovery
Ripple (XRP) falls below $1.33 on Friday, marking the third consecutive day of declines. The token continues to track the broader cryptocurrency market downturn, with investors closely monitoring heightened macroeconomic uncertainty ahead of the United States (US) Consumer Price Index (CPI) release and next week’s Federal Reserve (Fed) monetary policy decision.
Crypto Today: Bitcoin, Ethereum, XRP stabilize at lower levels amid ETF outflows and macroeconomic risks
The broader cryptocurrency market is rising on Friday, with Bitcoin (BTC) trading above $77,000 after testing lower support near $76,500. Ethereum (ETH) shows signs of stability, hovering above the support provided at $2,400 despite capped upside at $2,500. Meanwhile, Ripple (XRP) holds above $1.33 after three straight days of declines, reflecting growing headwinds due to macroeconomic uncertainty.
Bitcoin pulls back as another golden cross fails to deliver
Earlier this week, Bitcoin formed a golden cross, a technical signal that occurs when the price’s 50-day moving average rises above the 200-day moving average and is conventionally viewed as a precursor to a bullish rally. Historically, however, that’s often not been the case.
Bitcoin: BTC retreats as macro headwinds grow
Bitcoin (BTC) remains under pressure, down over 4% this week and trading around $76,900 at the time of writing on Friday. Institutional demand shows signs of weakness as spot BTC Exchange Traded Funds (ETFs) are on track to end their three-week inflow streak, recording nearly $500 million in net outflows through Thursday.