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Cryptocurrencies Price Prediction: Safemoon, Cardano & Bitcoin — Asian Wrap 21 September

Safemoon Price Prediction: A Stairway to Hell

Safemoon price has been descending in turbulent fashion throughout the summer. A breach of the swing low established in May could catalyze a sharp decline. Safemoon price has been a lagging cryptocurrency throughout the summer.


Cardano Price Prediction: ADA is not out of the woods just yet

Cardano price could be setting up for a sweep-the-lows event in the coming days; Countertrend day traders should be wary of the trend. Cardano price shows a steep decline, which could extend further. ADA price has fallen over 70% since the most recent upswing was established from the $0.438 low.


Colorado begins accepting Bitcoin for tax payments as BTC sinks below $19,000

The global crypto adoption streak continues, with the Colorado government now welcoming the payment of all kinds of taxes using cryptocurrencies. Although since the broader market condition is not necessarily improving, this facility might not see a lot of takers.

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FXStreet Team

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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Crypto Today: Bitcoin, Ethereum, XRP recovery slows amid incessant capital outflows

The cryptocurrency remains in a broader corrective bias on Friday, despite majors such as Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) holding slightly higher than early-week support levels.

Cardano: Whale selling, cautious derivatives limit ADA rebound

Cardano is trading near $0.170 at the time of writing on Friday after staging a modest rebound from last week's sharp correction. However, the recovery remains fragile as large holders have resumed reducing their positions, adding fresh selling pressure to ADA.

Experts agree: Bitcoin nears bottom, but weak demand raises doubts

Bitcoin (BTC) is trading above $63,000 at the time of writing on Friday after rebounding from the key 200-week Simple Moving Average (SMA) near $62,000, a level widely viewed as key long-term support.

Pi Network Price Forecast: Bulls attempt comeback as bearish strength fades

Pi Network is trading at around $0.120 on Friday after a modest recovery the previous day. Despite this recent rebound, traders should be cautious as a scheduled unlock of 14.8 million PI tokens on Friday could limit the token's recovery potential by increasing market supply.

Experts agree: Bitcoin nears bottom, but weak demand raises doubts
Bitcoin (BTC) is trading above $63,000 at the time of writing on Friday after rebounding from the key 200-week Simple Moving Average (SMA) near $62,000, a level widely viewed as key long-term support. The recovery may suggest that Bitcoin has found a floor after a sharp correction that spanned more than a month, but some warning signs persist.