Cryptocurrencies Price Prediction: Solana, Cardano & Bitcoin – Asian Wrap 16 March

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Solana Price Analysis: SOL eyes bullish breakout as institutional demand holds strong

Solana (SOL) edges higher above $90 at press time on Monday, after a 13% rise the previous week. Institutional and retail demand for Solana holds strong, evidenced by rising inflows and Open Interest. The technical outlook for SOL focuses on the 50-day EMA as the immediate resistance, capping the upside above $100.

Cardano Price Forecast: ADA extends rally as whale accumulation, derivatives data, back bullish sentiment

Cardano (ADA) price extends gains, trading above $0.27 on Monday, after surging over 8% and closing above the descending trendline last week. On-chain and derivatives data paint a bullish picture, with large wallets increasing their ADA exposure alongside rising Open Interest (OI) and positive funding rates.

Top 3 Price Prediction: Bitcoin, Ethereum, Ripple – BTC, ETH and XRP extend rally as technical breakout sparks bullish momentum

Bitcoin price is trading at $72,300 on Monday. The near-term bias is mildly bullish as price pushes against the upper boundary of the parallel channel that has framed lower highs since early February. Daily closes remain well below the 50-day and 100-day Exponential Moving Averages (EMAs), which still hover in the upper 70,000s and mid-80,000s, acting as broader dynamic resistance.

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Cardano Price Forecast: ADA capped at $0.20 warns of over 15% downside

Cardano price is trading in the red on Wednesday, reversing after the recent 25% recovery was capped at $0.2000 the previous day. Speculative demand in ADA futures is easing, with Open Interest and funding rates declining. The technical outlook is mildly bearish, hinting at a pullback toward the 50-day Exponential Moving Average at $0.1761.

Crypto Overview: Bitcoin steadies above $64,000 – PUMP, ZEC sustain gains

Bitcoin price edges above $64,000 at press time on Wednesday, heading toward its 50-day Exponential Moving Average at $64,652. Meanwhile, Pump.fun and Zcash sustain gains after a rebound on Tuesday, with bulls eyeing further upside.

Aave founder revolts against proposal to cap Ethereum staking incentives at 50% of supply

Ethereum community members have pushed back against a new proposal that seeks to change the network's staking issuance policy by gradually reducing staking rewards as the number of staked ETH approaches 50% of total supply.

Ethereum Price Forecast: ETH holds steady below $1,900 as retail distribution rises

Ethereum (ETH) continued trading flat on Tuesday following modestly increasing exchange net flows and continued distribution across retail wallets. Ethereum on-chain data shows mixed sentiment across several wallet cohorts.

Bitcoin: Bulls hold the line

Bitcoin (BTC) edges slightly lower, trading at $64,300 at the time of writing on Friday but holding firmly above a key support zone. US-listed spot Bitcoin Exchange Traded Funds (ETFs) support BTC as they continued to attract institutional flows through Thursday, pointing to the fourth consecutive week of net inflows.