Cryptocurrency Price Prediction: ETH, BTC, Cardano, 27th March 2023

The appeal of cryptocurrencies persisted in 2021. Cryptocurrencies are now accepted by Goldman Sachs.

In April 2021, Coinbase became the first significant cryptocurrency company to go public. The first U.S. exchange-traded fund with a focus on Bitcoin debuted in October of the same year.

The most well-known cryptocurrency, Bitcoin, had a prosperous year. The value of the digital currency has grown by about 70% since the start of 2021, pushing the total market value of cryptocurrencies past $2 trillion.

The majority of the major coins’ values have significantly increased this year, which has been great for the cryptocurrency market. Dogecoin (DOGE), Litecoin (LTC), and Ripple (XRP) are three other digital currencies doing well.

If the history of cryptocurrencies is any indication of the future, investors can look forward to an amazing journey.

The important Crypto predictions for 2023 are as follows:

Bitcoin Price Prediction

At the moment, the current trade price of Bitcoin is $27,530, with a 24-hour trading volume of $25.9 billion. Bitcoin has dropped over 3% in the last 24 hours. It is worth noting that Bitcoin now leads the CoinMarketCap list with a live market valuation of $532 billion.

According to technical research, the BTC/USD pair is now in a positive trend, albeit it may find some resistance around the $28,950 mark.

If Bitcoin succeeds to break past the resistance level of $28,950, its value might rise to $29,200 or perhaps $30,700.

If there is a bearish trend, the support levels of roughly $26,600 and $25,200 are projected to provide significant support.

Ethereum Price Prediction

The current live trading price of Ethereum is $1,751, with a 24-hour trading volume of $1.5 billion. In the previous 24 hours, Ethereum has lost 4% of its value. With a live market worth of $214 billion, Ethereum presently ranks second in the CoinMarketCap ranking.

Currently, Ethereum is struggling to break over the $1,800 resistance level and is trading persistently near the $1,700 support zone.

If the ETH/USD pair successfully breaks through the $1,800 level, it is expected to encounter resistance at the $1,900 level.

The ETH/USD pair is projected to find support at either $1,700 or $1,620.

Cardano Price Prediction

During the recent crypto market recovery, the Cardano price shown a v-shaped recovery from $0.3 psychological support.

Within a fortnight, the bullish advance gained 28% and pushed prices to $0.38 resistance.

However, over the last five days, the ADA price has shown long-wick rejection at the $0.38 ceiling, indicating that the bullish momentum has been spent.

A lower-price rejection candle at the $0.345 resistance level shows that buyers are defending newly regained levels.

The movement of the daily EMAs (20, 50, and 100) towards $0.375 creates a strong support zone for buyers.

The ADA coin’s intraday trading volume is $251 million, suggesting a 29% loss.

With the growing fear in the crypto market, the ADA price shifted sideways and began to oscillate between $0.38 and $0.354 levels.

Today, the Cardano coin price fell 0.6% intraday and attempted to shatter the $0.354 support level.

If the coin price manages to hold above the previously established support, coin buyers will receive additional confirmation for price sustainability at a higher price as well as the prospect of an uptrend continuation.

This current price consolidation may re-energize the bullish trend and provide a long-entry opportunity at $0.354. As a result, coin holders should expect a few more trading days of range-bound momentum before buyers arrive.

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Cryptocurrency Price Prediction: ETH, BTC, Cardano, 26th March 2023

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