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Cryptocurrencies Price Prediction: Cardano, Bitcoin & Ripple — Asian Wrap 10 Sep

Cryptocurrencies Price Prediction: Cardano, Bitcoin & Ripple — Asian Wrap 10 Sep
FXStreet TeamFXStreet TeamFXStreet

Cardano Price Prediction: ADA recovery could yield 10% gains

Cardano price is currently in a recovery phase but is currently hovering around a key barrier. A decisive close above this level could trigger an upswing, but a failure to do so might kick-start a downtrend. Cardano price rose 15% from September 8 swing to where it is currently trading, $2.55. However, the resistance barrier at $2.55 is crucial and will help ADA decide directional bias.

Analysts expect an impulsive Bitcoin bounce despite market-wide fear

Fear and Greed index indicates fear, but analysts expect Bitcoin to rally in the next major move. Bitcoin address activity has declined following a pullback in the asset as traders wait for a bullish reversal. Analyst expects an impulsive bounce to follow the recent consolidation in the top cryptocurrency.

XRP price holds above stiff support, which may catapult prices by 30%

Ripple (XRP) had a violent dip on September 7, affected by big risk-off events with Bitcoin and global markets. Price action calmed down significantly on Wednesday as the dust settled, and market participants are redoing their homework on Ripple's opportunities. 

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