Cryptocurrencies Price Prediction: Tezos, Cryptos & Binance — American Wrap 31 March


Tezos price primed for 15% to 25% gain as Mumbai upgrade elevates its transaction processing time

Tezos (XTZ) price is taunting the odds as it unleashed its thirteenth core protocol upgrade this week. The upgrade, dubbed Mumbai, should lift the processing speed to 1 million transactions per second. It should also make it more secure, flexible and developer-friendly, elements that traders will applaud by buying a stake in the altcoin that could spiral up to $1.40.
XTZ/USD  4H-chart    
US financial regulators toughened their stance on cryptocurrency exchanges and assets. Despite the regulatory crackdown, Layer 2 coins, Zero Knowledge (zk) coins witnessed price rallies. 

BTC/USD

Overview
Today last price 28337.6
Today Daily Change 303.28
Today Daily Change % 1.08
Today daily open 28034.32
 
Trends
Daily SMA20 26435.79
Daily SMA50 24324.88
Daily SMA100 22068.46
Daily SMA200 20327.26
 
Levels
Previous Daily High 29185.83
Previous Daily Low 27698.06
Previous Weekly High 28920.68
Previous Weekly Low 26674.29
Previous Monthly High 25271.02
Previous Monthly Low 21370.42
Daily Fibonacci 38.2% 28266.38
Daily Fibonacci 61.8% 28617.5
Daily Pivot Point S1 27426.31
Daily Pivot Point S2 26818.3
Daily Pivot Point S3 25938.54
Daily Pivot Point R1 28914.08
Daily Pivot Point R2 29793.84
Daily Pivot Point R3 30401.85

 

 

Binance Coin (BNB) price is at risk of dropping sharply yet again as some more details came out on the back of the Commodity Futures Trading Commission (CFTC) lawsuit against Binance. Evidence is very clear that there was an intentional strategy to evade US law, CFTC Chair Rostin Benham said on Bloomberg Television. This opens up a very large exposure for Binance to large fines, sanctions and possibly even a ban.
BNB/USD  4H-chart    

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers. The author will not be held responsible for information that is found at the end of links posted on this page.

If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.

FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.

The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.

Recommended content


Recommended Content

Editors’ Picks

Bitcoin Weekly Forecast: BTC nosedives below $95,000 as spot ETFs record highest daily outflow since launch

Bitcoin Weekly Forecast: BTC nosedives below $95,000 as spot ETFs record highest daily outflow since launch

Bitcoin price continues to edge down, trading below $95,000 on Friday after declining more than 9% this week. Bitcoin US spot ETFs recorded the highest single-day outflow on Thursday since their launch in January.

More Bitcoin News
Bitcoin crashes to $96,000, altcoins bleed: Top trades for sidelined buyers

Bitcoin crashes to $96,000, altcoins bleed: Top trades for sidelined buyers

Bitcoin (BTC) slipped under the $100,000 milestone and touched the $96,000 level briefly on Friday, a sharp decline that has also hit hard prices of other altcoins and particularly meme coins. 

More Bitcoin News
Solana Price Forecast: SOL’s technical outlook and on-chain metrics hint at a double-digit correction

Solana Price Forecast: SOL’s technical outlook and on-chain metrics hint at a double-digit correction

Solana (SOL) price trades in red below $194 on Friday after declining more than 13% this week. The recent downturn has led to $38 million in total liquidations, with over $33 million coming from long positions.

More Solana News
SEC approves Hashdex and Franklin Templeton's combined Bitcoin and Ethereum crypto index ETFs

SEC approves Hashdex and Franklin Templeton's combined Bitcoin and Ethereum crypto index ETFs

The SEC approved Hashdex's proposal for a crypto index ETF. The ETF currently features Bitcoin and Ethereum, with possible additions in the future. The agency also approved Franklin Templeton's amendment to its Cboe BZX for a crypto index ETF.

More Cryptocurrencies News
Bitcoin: 2025 outlook brightens on expectations of US pro-crypto policy

Bitcoin: 2025 outlook brightens on expectations of US pro-crypto policy

Bitcoin (BTC) price has surged more than 140% in 2024, reaching the $100K milestone in early December. The rally was driven by the launch of Bitcoin Spot Exchange Traded Funds (ETFs) in January and the reduced supply following the fourth halving event in April.

Read full analysis
Best Forex Brokers with Low Spreads

Best Forex Brokers with Low Spreads

VERIFIED Low spreads are crucial for reducing trading costs. Explore top Forex brokers offering competitive spreads and high leverage. Compare options for EUR/USD, GBP/USD, USD/JPY, and Gold.

Read More

BTC

ETH

XRP