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

FXStreet Team FXStreet

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.

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XRP steadies above $1.90 support as fund inflows and retail demand rise

Ripple (XRP) is stable above support at $1.90 at the time of writing on Monday, after several attempts to break above the $2.00 hurdle failed to materialize last week. Meanwhile, institutional interest in the cross-border remittance token has remained steady.

Cardano struggles to extend gains as retail interest wanes despite Midnight's NIGHT token launch

Cardano ticks higher after a bearish weekend, struggling to extend an upcycle within a descending wedge pattern. On-chain data shows an increase in trading volume and user activity after the Midnight side chain token launch.

Crypto Today: Bitcoin, Ethereum recover as XRP remains supported by ETF inflows

Bitcoin is trending up toward the pivotal $90,000 level at the time of writing on Monday, which marks four consecutive days of gains. Altcoins, including Ethereum and Ripple, are also rebounding above key short-term support levels.

Bitcoin nears $90,000 as recovery hopes clash with institutional outflows

Bitcoin is approaching the $90,000 resistance level at the time of writing on Monday, raising hopes of a short-term recovery. However, the bullish recovery is being challenged by weakening institutional demand, as evidenced by outflows from Spot ETFs.

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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.

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