Cryptocurrencies Price Prediction: Lido DAO, AVAX & Bitcoin– American Wrap 3 March

FXStreet Team FXStreet

Lido Dao price tanks as altcoin investors seem unsure if US session will save them

Lido Dao (LDO) had a rough European open this Friday. In the blink of an eye, price action sold off nearly 5%. Luckily, bulls were awaiting any price drop at $2.80 to catch it and use the opportunity to go long LDO. With several altcoins in a similar pattern, expect a group-herd move either lower or higher, depending on the breakout.

AVAX price could face a 15% crash if loses this critical support

AVAX price has been slipping on the charts for nearly ten days now, and the altcoin is inching closer to its critical support. From here on, the bulls will have to regain control of the momentum they had back in January to prevent a significant decline in AVAX’s trading price.

Dollar’s sharp recovery puts Bitcoin’s $25K breakout prospects at risk

Bitcoin (BTC $22,379) investors reeling from the shock of recent cryptocurrency company failures and banking issues may face another potential problem: a recovering United States dollar.

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FXStreet Team

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Ripple extends losses as derivatives interest cools

Ripple (XRP) extends its bearish roll near $1.12 support on Friday, reflecting intense headwinds in the broader crypto market largely attributable to macroeconomic pressure.

Crypto Today: Bitcoin, Ethereum, XRP weaken further as capital outflows persist

Macroeconomic headwinds continue to weigh heavily on the cryptocurrency market on Friday, prompting major assets like Bitcoin (BTC) to pare earlier gains and extend losses after June’s brief relief rally.

Bitcoin Weekly Forecast: Recovery hopes fade after the Fed spoils the party

Bitcoin is set to end the week in the red, trading near the 200-Week Simple Moving Average at around $62,300 on Friday. Institutional selling persists, capping BTC’s recovery as spot Exchange Traded Funds point to a sixth consecutive week of outflows.

Sui risks a deeper bearish leg despite on-chain resilience

Sui is down 2% on Friday, extending its decline toward the recent support leg formed at $0.6618. The Total Value Locked in the Sui ecosystem has stabilized around 600 million SUI tokens, reflecting resilient user demand.

Bitcoin: Recovery hopes fade after the Fed spoils the party

Bitcoin (BTC) is set to end the week in the red, trading near the 200-Week Simple Moving Average (SMA) at around $62,300 on Friday. Institutional selling persists, capping BTC’s recovery as spot Exchange Traded Funds (ETFs) point to a sixth consecutive week of outflows.