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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Uniswap Price Forecast: UNI tests 200-day EMA supply amid renewed retail demand

Uniswap (UNI) edges higher near an immediate resistance at $3.88 on Tuesday. The native decentralized exchange (DEX) token is defying a broader correction in the cryptocurrency market, even as Bitcoin (BTC) falls toward $63,000 from its July highs around $67,000.

XRP slides amid risk-averse pressure and ahead of Fed rate decision

Ripple (XRP) continues to trade under increasing pressure on Tuesday. This marks the second consecutive day of declines, reflecting broader risk-off sentiment as investors appear to shift gears in anticipation of the Federal Reserve (Fed) interest rate decision. On Wednesday, the Federal Open Market Committee (FOMC) is widely expected to leave interest rates unchanged in the 3.50%-3.75% range.

Crypto Today: Bitcoin, Ethereum, XRP remain under pressure as risk-off sentiment persists

Bitcoin (BTC) is falling toward the immediate $63,000 support at the time of writing on Tuesday, weighed down by continued risk-off sentiment. Altcoins, including Ethereum (ETH) and Ripple (XRP), remain under pressure, trading below $1,900 and $1.10, respectively. Crypto market sentiment remains largely unresponsive and in the Fear territory, as reflected in the Fear & Greed Index.

Bitcoin price prediction: Is $60K back in focus as headwinds mount?

Bitcoin is falling towards 63k, at a 10-day low, as a sell-off in AI-linked stocks has hit risk sentiment, spilling over into cryptocurrencies and as investors look cautiously ahead to tomorrow's FOMC rate decision. Bitcoin is down 2.7% over the past 24 hours and more than 4% over the past seven days as it extends its pullback from 67k the July high reached last week.

Bitcoin: BTC holds firm, but the $100 Oil threat could change the game

Bitcoin (BTC) is modestly recovering, trading at $65,400 on Friday and holding firmly above the key support zone. US-listed spot Bitcoin Exchange Traded Funds (ETFs) supported BTC’s modest recovery as they continued to attract institutional inflows through Thursday, pointing to the third consecutive week of inflows.