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Cryptocurrencies Price Prediction: Nasdaq, Polkadot & Cryptos — American Wrap 24 March

This is what Nasdaq launching its crypto custody services in Q2 2023 means for Bitcoin and Ethereum

Nasdaq will be the newest major financial firm to enter the crypto space to try its hand at the market. While most investors and analysts look at it as a positive since it represents the involvement of institutional investors, some see it as a threat to what cryptocurrencies like Bitcoin and Ethereum stand for.

BTC/USD

Overview
Today last price27936.53
Today Daily Change-408.89
Today Daily Change %-1.44
Today daily open28345.42
 
Trends
Daily SMA2024352.44
Daily SMA5023701.32
Daily SMA10021324.57
Daily SMA20020052.56
 
Levels
Previous Daily High28826.25
Previous Daily Low27185.1
Previous Weekly High27832.63
Previous Weekly Low20458.94
Previous Monthly High25271.02
Previous Monthly Low21370.42
Daily Fibonacci 38.2%28199.33
Daily Fibonacci 61.8%27812.02
Daily Pivot Point S127411.6
Daily Pivot Point S226477.78
Daily Pivot Point S325770.45
Daily Pivot Point R129052.74
Daily Pivot Point R229760.07
Daily Pivot Point R330693.89

Polkadot price to shed 10% after DOT bulls no show

Polkadot (DOT) price sees a binary shift in sentiment this Friday as bulls throw in the towel. With the big Gaming Developers Conference (GDC) ending on Friday, no real victories or important headlines have emerged. Big expectations were that altcoins would come on the front foot and would see their price action explode to the upside, which is clearly not the case and is sending price action lower now.
DOT/USD  4-H chart    

Bitcoin and Ethereum prices nosedived immediately in response to the Federal Reserve’s rate hike before making a recovery. The two large assets by market capitalization are back in the green after the short-lived correction. This fueled a bullish sentiment among altcoin holders. 

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