Cryptocurrencies Price Prediction: Fantom, Cardano & Crypto – European Wrap 20 March
Fantom price set to revisit $1.77 as co-founder teases new achievements for the FTM blockchain
Fantom (FTM) price trades at $0.901 after rallying 119% in the past three weeks. As the wider crypto markets sells off, this ascent has paused. However, technical indicators suggest that its rally will likely resume soon, pushing FTM higher.
Cardano holders realize nearly $20 million in losses as ADA price bleeds
Cardano (ADA) price dipped to $0.56 on Wednesday, offering sidelined buyers the opportunity to buy the token nearly 30% below its year-to-date peak of $0.8104. The decline followed a marketwide correction and mass liquidations in Bitcoin after its price dropped to $62,000.
Bitcoin and Ethereum seek support
The crypto market correction continues to deepen, although there have been some signs of stabilisation since the start of the day on Wednesday. The decline has continued for a whole week, reducing the market cap by almost 15%. The total cap was down to $2.28 trillion on Wednesday morning, rising to $2.35 trillion (-2.5% in 24 hours) by the start of active trading in Europe.
Author
FXStreet Team
FXStreet
