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

FXStreet Team FXStreet

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 price	27936.53
Today Daily Change	-408.89
Today Daily Change %	-1.44
Today daily open	28345.42

Trends
Daily SMA20	24352.44
Daily SMA50	23701.32
Daily SMA100	21324.57
Daily SMA200	20052.56

Levels
Previous Daily High	28826.25
Previous Daily Low	27185.1
Previous Weekly High	27832.63
Previous Weekly Low	20458.94
Previous Monthly High	25271.02
Previous Monthly Low	21370.42
Daily Fibonacci 38.2%	28199.33
Daily Fibonacci 61.8%	27812.02
Daily Pivot Point S1	27411.6
Daily Pivot Point S2	26477.78
Daily Pivot Point S3	25770.45
Daily Pivot Point R1	29052.74
Daily Pivot Point R2	29760.07
Daily Pivot Point R3	30693.89

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.

Weekly Recap: Crypto survives Fed’s rate hike, Ripple holders turn bullish, Binance pulls plug on spot trading

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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FXStreet Team

FXStreet

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