Cryptocurrencies Price Prediction: Bitcoin, Cardano & Crypto – European Wrap 11 October
|Top 3 Price Prediction Bitcoin, Ethereum, Ripple: BTC finds support around $60,000
Bitcoin (BTC) is finding support around the key level, and a close below this level could signal a decline. Ethereum (ETH) is approaching a critical resistance barrier; rejection from this level suggests a decline ahead. Meanwhile, Ripple (XRP) is stuck in a range, reflecting a period of indecision among traders.
Cardano celebrates milestone: Hosts Argentina’s first legally enforceable smart contract
Cardano (ADA) recovers slightly to trade around $0.34 on Friday after declining 4% so far this week. Cardano’s ambassador Mauro Andreoli recently highlighted the milestone of Argentina’s first legally and judicially enforceable contract — a loan agreement for 10,000 ADA tokens, valued at $3,380 — which may set a precedent for the future legal recognition of blockchain-based agreements in the country.
Crypto gets hammered in America, rebounds in Asia
The cryptocurrency market lost 0.2% in 24 hours to $2.12 trillion but saw a fresh drop in the US session during the day before rebounding on buying in lower volumes in Asian trading on Friday morning. The Sentiment Index fell to its lowest level in over a month at 32 (fear).
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