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Cryptocurrencies Price Prediction: Ripple, Bitcoin & Cardano – Asian Wrap 01 Mar

Cryptocurrencies Price Prediction: Ripple, Bitcoin & Cardano – Asian Wrap 01 Mar
FXStreet TeamFXStreet TeamFXStreet

Ripple Price Analysis: XRP bulls prepare for a bumpy road, $0.47 be the key hurdle

XRP/USD eases from an intraday high of $0.4258 to currently around 0.4216 during early Monday. Even so, the altcoin keeps the bounce off short-term horizontal support while flashing 1.5% gains on a day. One-month-long ascending trend line adds to the support.

Bitcoin Price Prediction: BTC prepares for a 30% jump inside bullish chart pattern

BTC/USD drops from the intraday high near $46,000 to currently around $45,100 during early Monday. Even so, the crypto major keeps bounce off 200-bar SMA, marked during the weekend, while also staying inside a bullish chart pattern on the four-hour play. Bears can eye for early February tops during further weakness.

Cardano Price Analysis: ADA looks to correct toward $1.1 after renewing record highs

Cardano climbed to a new all-time high of $1.4850 on Saturday but lost its bullish momentum. At the moment, ADA is trading around $1.25, losing around 5% on a daily basis. On the daily chart, the ascending trend line coming from early February is currently forming support around $1.1 ahead of $1 (psychological level/20-day SMA).

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Composed of a group of economic journalists and FX experts, the FXStreet content team produces and oversees all content published on FXStreet. It provides a purely journalistic approach to the Forex market.

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Dogecoin Price Forecast: Bullish divergence, whale accumulation support recovery hopes

Dogecoin Price Forecast: Bullish divergence, whale accumulation support recovery hopes

Dogecoin shows early signs of a potential recovery, trading near $0.070 at the time of writing as bullish momentum divergence suggests selling pressure may be fading. In addition, whale accumulation and improving derivatives metrics suggest a bullish outlook, hinting at a potential recovery ahead.

Top Altcoins Price Forecast: Ripple hits 20-month low as Cardano and Solana lack momentum

Top Altcoins Price Forecast: Ripple hits 20-month low as Cardano and Solana lack momentum

Top altcoins, including Ripple, Cardano, and Solana, are maintaining a bearish tone as the broader market remains risk-averse. XRP is down to a 20-month low, risking a drop below the $1.00 psychological threshold, while ADA and SOL risk losing their recent gains amid a lack of upside momentum.

Ripple and Stellar outlook: Remain under pressure as bearish bias extends

Ripple and Stellar outlook: Remain under pressure as bearish bias extends

Ripple and Stellar remain under pressure after falling slightly the previous day. XRP gravitates toward the key $1.00 psychological level while XLM slips below the critical support zone. Weakening derivatives metrics for both altcoins cap recovery outlook. Derivatives data shows a bearish bias among traders.

Crypto Market Overview: Bitcoin softens on institutional selling – CRV, ICP outperform

Crypto Market Overview: Bitcoin softens on institutional selling – CRV, ICP outperform

The broader cryptocurrency market shows mixed sentiment as Bitcoin (BTC) drops to $64,000 under institutional selling pressure. The Fear and Greed Index at 37, down from 40 the previous day, signals renewed bearish pressure. Meanwhile, Curve DAO (CRV) and Internet Computer (ICP) continue to extend their gains so far this week, emerging as top performers over the last 24 hours.
Bitcoin: Can bulls weather the market uncertainty?

Bitcoin: Can bulls weather the market uncertainty?

Bitcoin (BTC) remains resilient, trading above $65,000 on Friday, with bulls defending key support despite cautious market sentiment. US-listed spot Bitcoin Exchange-Traded Funds (ETFs) showed strong inflows through Thursday, pointing to renewed institutional demand.