China’s central bank, the People’s Bank of China (PBOC) has stated there is increased interest in its upcoming central bank digital currency (CBDC) project, and this could be partly due to the recent surge in bitcoin price.  

According to CNBC on Friday (April, 2, 2021), Wang Xin, the research bureau director at the PBOC believes that more people are becoming aware and paying attention to its digital yuan project, indicating a “very strong interest” in China’s upcoming CBDC project. The PBOC official stated that part of the reason for the digital yuan interest could be attributed to bitcoin’s recent bull rally. 

The price of the flagship cryptocurrency has been on a tear since late 2020, recording several new all-time highs (ATH). Currently, bitcoin is trading at nearly $60,000, having surpassed the figure earlier today. 

Although the PBOC mentions bitcoin price surge as a possible factor for the increased interest in the digital yuan, cryptocurrency remains banned in China. The country is well-known for its anti-crypto stance, following a ban on initial coin offerings (ICO) and its crackdown on cryptocurrency exchange platforms. 

Apart from bitcoin, the PBOC official said that the involvement of central banks globally to create a digital version of their fiat currencies, is another factor fueling interest in the digital yuan. Countries like South Korea , Japan , India , Turkey , Ukraine , Australia , and Canada are involved in researching and creating their CBDCs, with central banks in Asia recording progress. 

A CNBC translation of Wang Xin’s comments in Mandarin reads:

“On one hand, this is related to more and more central banks in the world participating in the development of domestic digital currencies. On the other hand, this (interest) may also be related to the large increase in the price of bitcoin.”

Wang Xin further revealed that there would be more digital yuan trials. China, which began its CBDC research back in 2014, has been involved in extensive trials in different parts of the country. 

One of the most common methods of conducting a CBDC trial is through a lottery program, where authorities airdrop an amount of digital yuan to selected winners. The first of such events occurred back in October 2020 in Shenzhen, followed by two more digital rmb airdrops in January 2021.

Other cities like Suzhou have also carried out lottery programs. In December, the citizens authorities distributed $3 million worth of digital yuan to 100,000 winners. The government conducted another airdrop in February 2021. In each airdrop event in Shenzhen and Suzhou, each winner received a red packet containing 200 yuan.

China’s CBDC tests have also involved the use of biometric hardware wallets , digital yuan ATMs , and mobile application.

Bitcoin trader and analyst Willy Woo says a growing Bitcoin supply crisis will launch the asset towards a multi-trillion dollar evaluation.

In a new interview on Real Vision, Woo explains that by following the movement of Bitcoin into and out of exchanges, it is clear that BTC supplies are drying up.

The analyst expects the market to see a supply crunch even more drastic than the one which caused the flagship cryptocurrency to rise in price by roughly 2,000% in 2017.

“We can see this from tracking the flows of coins out of the exchanges, where typically people speculate or buy and sell their coins, and they have a set inventory, some of which is allocated for speculation. We’ve just seen an unprecedented amount of depletion of that inventory.

If you look back in the 2017 bull market, we saw like a five month depletion of inventory, and that was enough to propel the bull market of 2017 right up to the $20,000 [mark] from what initially was about $1,000 to $1,500 when the inventory depletion ended, and now we’re in this zone of the Lehman’s 12 months of inventory depletion.”

As the market runs out of Bitcoin and institutional investors continue to learn of its benefits, Woo expects the market cap to balloon and well surpass that of gold, with the price of a single BTC surpassing the $2 million mark.

“Once you get a glimpse of something that’s easy to access like Bitcoin without the trouble of holding assets like real estate, it’s going to take a big chunk out of that. There’s no way Bitcoin is going to stop at the market cap of gold, which is $10 trillion, it’s going to go a lot higher, which means that we’re going to be going into the millions of dollars per coin, which is hard to believe right now but if you look at the sheer fundamentals and stretch it off over the long term, that’s how cheap Bitcoin is today.”

Woo also anticipates that as Bitcoin matures and the asset gains a larger share of the market, it is unlikely that future Bitcoin bear markets will be as harsh or volatile as those of the past.

“There is a general trend downwards and there’s no crazy predictable trend downwards in volatility so I think actually, we’re due to start to drop down into the lower volatility range that – well, I don’t have the charts right on hand, but I think it will surprise a lot of people how low the volatility can drop and beyond a certain part of size of capital base, volatility drops to zero because it becomes the new monetary base.

If it does become this unit of account, obviously there’s different variations on that theme that could be a basket of assets that becomes the new monetary base but ultimately, the volatility will drop very, very low because there’s the new monetary standard part of it.”

Featured Image: Shutterstock/Tithi Luadthong

At the time of this writing, CME (Get Ratings)’s price is down $0 (0%) from the hour prior. This is a reversal of the price action on the previous hour, in which price moved up. From a hourly perspective, the market looks fairly choppy; clear trends aren’t showing up on the 20, 50 and 100 hour timeframes. The moving averages on the hourly timeframe suggest a choppiness in price, as the 20, 50, 100 and 200 are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders.

Currently, CME’s price is up $1.86 (0.91%) from the day prior. This is a reversal of the price action on the previous day, in which price moved down. As for the trend on the daily timeframe, we see the clearest trend on the 100 day timeframe. The moving averages on the daily timeframe suggest a bullishness in price, as the 20, 50, 100 and 200 are all in a bullish alignment — meaning the shorter durations are above the longer duration averages, implying a sound upward trend. Cme Group Inc’s price action over the past 90 days can be seen via the chart below.

News traders keeping an eye on CME may find value in this recent story:

Bitcoin Is Trading Near Record-High Again But Analyst Says We Are Staring At A Meltdown

Bitcoin’s (BTC) recent gains may be short-lived and “the whole rally in crypto is getting very long in the tooth,” according to Boris Schlossberg, a leading foreign exchange expert. What Happened: “I think we’re very, very close to perhaps an intermediate-term top here. A little bit of a correction is certainly due at this point,” Boris Schlossberg, managing director of FX strategy at BK Asset Management, said Tuesday on CNBC’s “Trading Nation.” BTC traded 0.54% lower at $59,354.38 over the past 24 hours at press time, but was up 11.2% over the past week, indicating a recovery. It has an all-time high of $61,683, hit last month. See also: How to Buy Bitcoin (BTC) Bitcoin’s Recent Gains: The cryptocurrency’s recent gains came after PayPal Holdings Inc. (NASDAQ: PYPL) said it will allow its U.S. customers to use their cryptocurrency holdings to pay at millions of online merchants around the globe. PayPal’s move came a day after payments giant Visa Inc (NYSE: V) said it would allow payments to be settled directly via cryptocurrency on the Ethereum blockchain. Schlossberg noted that Bitcoin’s high degree of volatility will likely mean transactions on platforms such as PayPal’s will be “infinitesimally small” compared to regular currency. However, he feels Bitcoin is a better store of value than gold. See Also: Why Is Ethereum Surging, Outperforming Bitcoin Today? CME Group’s Plan: Further, Schlossberg said that derivative exchange CME Group Inc.’s (NASDAQ: CME) plan to launch Micro Bitcoin futures contracts on its platform in early May could rattle bitcoin’s price even if investors like it or not. The Micro Bitcoin futures will be one-tenth the size of one Bitcoin. Schlossberg noted that Bitcoin topped out the last time CME launched bitcoin futures in late 2017. Matt Maley, chief marketing strategist at Miller Tabak, said in the same “Trading Nation” interview that if Bitcoin moves to the downside below $52,000, its going to be a “big warning flag” and give the cryptocurrency its first lower low of the year. Maley added it Bitcoin breaks above its recent highs of $61,000, it “should see another leg higher.” However, he agreed with Schlossberg that bitcoin is going to see a lot more big declines along its way in a very volatile session. Read Next: 5 Best-Performing Cryptocurrencies Of Q1 (No — Bitcoin, Dogecoin Don’t Make The Cut) See more from BenzingaClick here for options trades from BenzingaTesla Will Be Employing A Lot More People At Giga Texas Than It Thought It WouldCramer Says Forget Tech And Look To These Sectors In Q2© 2021 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

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Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be taken as investment advice

The cryptocurrency market has been seeing a volatile period in the short-term. Bitcoin Cash [BCH] is a case in point, with the popular Bitcoin fork noting a sharp upsurge in value followed by a wave of corrections in the hours before press time.

At the time of writing, the value of BCH was $538.73, with the alt having a market capitalization of $10.18 billion. Thanks partly to the performances of its fellow alts, Bitcoin Cash had been pushed down to the 14th position on CoinMarketCap.

Bitcoin Cash [BCH] hourly chart

The Bitcoin Cash market recently hit a high of $554.91, following which it started retracing. In fact, BCH’s value fell under the support level at $544, with the alt trading close to $540, at the time of writing. The next support level was observed to be at $533, with the evolving selling pressure in the market likely to push the price to this level soon.

Reasoning

With volatility across the market increasing, BCH was seen moving towards the overbought zone. The Relative Strength Index was highlighting this growing saturation of buyers in the market, with the same noting a figure of 61 while pointing north.

However, a degree of bullish momentum in the market could be seen too, despite some of the market’s sellers trying to realize some profit. Despite a bearish crossover, the MACD was too close to the Signal line to suggest anything. In fact, it seemed likely that a strong surge could make its way into the market before the selling pressure finally takes over.

Crucial levels to watch out for

Entry-level: $541.91 Take Profit: $533.69 Stop-level: $544.50 Risk to Reward: 3.17

Conclusion

The Bitcoin Cash market, at press time, was retracing following its latest surge in price. It was supported at $533.44, but selling pressure was evolving and could push the price to this support level, a development that could earn profits for short traders.

Bitcoin Price Analysis: 01 April

Bankera introduces SEPA instant payments for crypto-businesses

Namrata is a full-time journalist at AMBCrypto covering the US and Indian market. A graduate in Mass communication, while majoring in Journalism, she writes mainly about regulations and its impact with a focus on technological advancements in the crypto space.

Bitcoin Cash Price Analysis: 06 March

Bitcoin Cash Price Analysis: 26 February

Bitcoin Cash Price Analysis: 18 February

Bitcoin Cash Price Analysis: 11 February

Bitcoin Cash Price Analysis: 31 January

Bitcoin Cash Price Analysis: 28 January

XRP price – XRP price – BTC, ETH, BNB, ADA, DOT, XRP, UNI, THETA, LTC, LINK | Fintech Zoom

Following in the footsteps of Morgan Stanley, Goldman Sachs has announced plans to allow its wealth management clients to trade in cryptocurrencies and other digital assets. In an interview with CNBC, Mary Rich, the global head of digital assets for Goldman Sachs private wealth management division, said that the rollout may happen sometime in the second quarter of 2021.

Bitcoin adoption by two of the world’s preeminent investment banks is likely to force other banks to walk down the crypto path sooner than later. The arrival of fresh money from the clients of these legacy institutions may further increase demand and boost prices higher.

In response to a question about Bitcoin’s (BTC) future value, Kraken CEO Jesse Powell told Bloomberg that one Bitcoin, which currently buys a Tesla Model 3, will buy a Lamborghini by the end of the year and a Bugatti by 2023.

Another bullish voice was that of Galaxy Digital CEO Mike Novogratz who said in an interview with CNBC that Bitcoin “is on an inevitable path to having the same market cap and then a higher market cap as gold.”

However, not everyone is bullish on Bitcoin. Boris Schlossberg, the managing director of FX strategy at BK Asset Management, told CNBC said that Bitcoin was “very, very close to perhaps an intermediate-term top here.”

Let’s analyze the charts of the top-10 cryptocurrencies to determine the trend and the path of least resistance.

Bitcoin has been sustaining above the descending channel since breaking out of it on March 29, which is a positive sign. However, the bears have not given up yet as they are aggressively defending the $60,000 level.

The price had turned down from $59,789 today, but an encouraging sign is that the bulls purchased the dip and did not allow the BTC/USDT pair to re-enter the channel. The bulls will now make one more attempt to rise above the all-time high at $61,825.84.

If they succeed, the pair could resume the uptrend and start its northward march toward the first target at $69,279 and then $79,566. The upsloping moving averages suggest the bulls have the upper hand.

However, the relative strength index (RSI) has been showing a negative divergence for the past few days. If the indicator turns down sharply from the downtrend line, it will suggest that the new uptrend may have to wait for a few days.

The bullish view will invalidate if the price turns down and breaks below the moving averages. On the contrary, if the RSI rises above the downtrend line, it will indicate that the momentum has picked up, enhancing the prospects of a rally.

Ether (ETH) has been knocking on the resistance line of the symmetrical triangle. A tight consolidation near a resistance increases the possibility of a break above it. The 20-day exponential moving average ($1,743) has turned up and the RSI is in the positive zone, indicating advantage to the bulls.

If the buyers can drive the price above the triangle, the ETH/USDT pair could retest the all-time high. If the bulls clear this hurdle, the pair could then start its rally toward the pattern target at $2,618.14.

However, the bears are unlikely to give up easily. They will mount a stiff resistance at $2,040.77. If the price turns down from this overhead resistance but does not re-enter the triangle, then it will suggest that bulls are buying on dips. If that happens, the pair may have a good possibility of breaking above $2,040.77.

On the other hand, if the bulls fail to sustain the price above the triangle, it will suggest that traders are squaring up their positions at higher levels. That could keep the pair range-bound for a few more days. The first sign of weakness will be when the price dips below the trendline.

The bulls are trying to propel Binance Coin (BNB) above $315. Although the price turned down from the overhead resistance today, the long tail on the candlestick suggests the bulls are buying on every minor dip.

Both moving averages are sloping up and the RSI is in the positive territory, suggesting the path of least resistance is to the upside. If the bulls can drive the price above $315, the BNB/USDT pair could rally to $348.69.

A breakout and close above the all-time high could start the next leg of the uptrend that could reach $430. This bullish view will invalidate if the price turns down from the current level and plummets below the 20-day EMA ($265).

Cardano (ADA) has been sustaining above the 20-day EMA ($1.16) for the past few days but the bulls have not been able to push the price above $1.30. This suggests a lack of demand at higher levels.

The 20-day EMA has flattened out and the RSI is just above the midpoint, suggesting a balance between supply and demand. The bears will now try to sink the price below the moving averages.

If they do that, the ADA/USDT pair could drop to the $1.03 support. A break below this support will suggest the start of a deeper correction to $0.80.

Conversely, if the price rebounds off the 20-day EMA and the bulls push the price above $1.30, the pair could rally to $1.48.

After a minor hesitation near the 20-day EMA ($34.35), Polkadot (DOT) has broken above the moving averages today. This shows strong demand at higher levels. The bulls will now try to push the price above the downtrend line.

If they succeed, the DOT/USDT pair could retest the all-time high at $42.28. If the momentum can conquer this resistance, the pair could start the next leg of the uptrend that may reach $53.50.

However, if the price turns down from the downtrend line, it will suggest that bears are active at higher levels. That could keep the pair range-bound for a few more days. The flat moving averages and the RSI above 58 suggest a minor advantage to the bulls.

XRP once again turned down from near the $0.60 overhead resistance. However, the positive sign is that the bulls have purchased the dip to the 20-day EMA ($0.51) as seen from the long tail on today’s candlestick.

The rising moving averages and the RSI in the positive territory suggest the path of least resistance is to the upside. The bulls are now likely to make one more attempt to push the price above $0.60.

If they succeed, a rally to $0.65 is possible. This level may act as a stiff resistance, but if the bulls can thrust the price above it, the XRP/USDT pair could pick up momentum. This bullish view will invalidate if the price dips below the moving averages.

Uniswap’s (UNI) rebound off the 50-day simple moving average ($27.26) on March 26 has not been able to clear the 20-day EMA ($29.12) hurdle. This shows that the sentiment has changed from buy on dips to sell on rallies.

If the bears now sink the price below the $25.50 support, the UNI/USDT pair could enter a corrective phase that could pull the price down to $20 and then to $18.

The marginally downsloping 20-day EMA and the RSI just below the midpoint suggest a minor advantage to the bears.

This negative view will invalidate if the price turns up from the current level and rises above the 20-day EMA. Such a move could extend the stay of the pair inside the range for a few more days.

THETA turned down from $13.95 on March 29, which indicates the bears are aggressively defending the $14 to $14.96 resistance zone. The bears will now try to sink the altcoin to the 20-day EMA ($10.27).

In an uptrend, the bulls generally buy the dips to the 20-day EMA as it offers an attractive risk to reward ratio. Therefore, if the THETA/USDT pair rebounds off this support with strength, it will suggest the sentiment remains bullish and traders are buying on dips.

That could keep the pair range-bound between $10.35 and $14 for a few more days. On the contrary, if the bears sink the price below the 20-day EMA, it will suggest a possible change in sentiment. The pair could then drop to the 50% Fibonacci retracement level at $8.88.

Litecoin’s (LTC) relief rally seems to have hit a wall at the 50-day SMA ($196) as the bulls have not been able to sustain the price above it. The bears will now try to sink the price to the trendline of the triangle.

If the price rebounds off the trendline, it will indicate that the bulls continue to buy on dips. That could keep the LTC/USDT pair trading inside the triangle for a few more days.

The flat moving averages and the RSI near the midpoint suggest a balance between supply and demand.

This neutral view will invalidate after the price either breaks above or below the triangle. That could signal the possible start of a trending move.

Chainlink (LINK) broke above the 20-day EMA ($27.79) on March 29 and 30 but could not climb the 50-day SMA ($29). Although the price turned down today, the bulls bought the dip as seen from the long tail on the candlestick.

The bulls may now make one more attempt to push the price above the 50-day SMA. If they manage to do that, the LINK/USDT pair could rise to $32. A break above this resistance will suggest advantage to the bulls.

On the contrary, if the price again turns down from the 50-day SMA, then a drop to $24 is likely. This is an important support to keep an eye on because if it cracks, the pair will complete a descending triangle pattern, which could signal a possible trend reversal. Such a move could open the doors for a decline to $14.

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Fintech Zoom. Every investment and trading move involves risk. You should conduct your own research when making a decision.

Market data is provided by HitBTC exchange.

XRP price – XRP price – BTC, ETH, BNB, ADA, DOT, XRP, UNI, THETA, LTC, LINK | Fintech Zoom Tags: XRP price

TL;DR Breakdown

Today’s Ethereum price prediction bearish as the market has gained 10 percent over the last 24 hours and has found previous resistance at $1,940. Therefore, we are likely to see ETH/USD retrace lower later today and retest the last resistance of $1,850 as support. 

Cryptocurrency heat map. Source: Coin360

The cryptocurrency market has seen strong bullish momentum over the last 24 hours. Bitcoin has remained relatively flat as it is resisted by $60,000 major resistance and consolidates around $58,500. However, most of the altcoin has seen a strong bullish impulse higher. Filecoin (FIL) has gained the most amongst the top altcoins as it is up by 42 percent and has broken the $200 mark. 

ETH/USD opened at $1,919 after several days of bullish momentum. Right now previous significant swing high at $1,940 has been broken. However, some rejection is seen for the market. Therefore, we could see Ethereum retrace and retest previous resistance turned support at the $1,850 mark. From there, Ethereum will likely push higher towards the all-time high of $2,040.

The ETH/USD price moved in a range of $1,797 – $1,966, indicating a good amount of volatility. Trading volume has increased by 30 percent and totals $31 billion, meaning an increased market interest, likely to push the market above the previous swing high. The total market cap has returned above $200 billion and stands at $224 billion, ranking the cryptocurrency in 2nd place overall with a market dominance of 11.84 percent.

On the 4-hour chart, we can see the first sign of rejection around the $1,940 resistance. ETH/USD has returned below $1,935 and likely prepares to set a bearish rejection pin-bar candle. Therefore, ETH/USD will likely retrace over the next 24 hours and retest the previous resistance of $1,850 as support. 

ETH/USD 4-hour chart. Source: TradingView

Overall, Ethereum has finally started regaining its bullish momentum after spending the last half of March in a retracement from $1,940 to $1,550, resulting in a loss of over 20 percent. After support was found at the $1,550 mark, Ethereum consolidated for a day and finally started pushing higher.

The first resistance was met at the $1,725 mark, and once it was broken, ETH/USD saw a quick jump higher of over 10 percent towards the previous major resistance at $1,850. After a small retracement earlier this week, Ethereum pushed higher yesterday and reached the several-week high of $1,940, which is the last resistance before the all-time high of $2,040.

Right now, the short-term Ethereum price action looks to turn bearish again as further upside is rejected. ETH/USD has already returned below the $1,940 and looks to close the current 4-hour candle as a bearish pin bar, signaling a reversal and an overextension for the current wave to the upside.

Therefore, the Ethereum price will likely retrace over the next 24 hours, with the closest support located at $1,850, which previously served as a resistance. From there, Ethereum will likely consolidate for some time as it prepares to retest the all-time high at $2,040 finally. This means that a long position taken from the $1,850 support could lead to a quick 10 percent gain if we consider the $2,040 level as the target price for the next wave higher.

Ethereum price prediction is bearish as the Ethereum price action momentum is exhausted after retesting $1,940 resistance. This exhaustion should lead Ethereum towards retracing lower over the next 24 hours. If support is found at the $1,850 previous resistance, we are likely to see Ethereum push towards the all-time high of $2,010 over the following days.

While waiting for further Ethereum price action development, see our long-term Ethereum price prediction, as well as a comparison article on Bitcoin vs Ethereum. To learn more about another great altcoin, see our Litecoin price prediction.

Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.

Many popular digital coins including USD Coin (USDC), Bitcoin (BTC), Binance Coin (BNB), Ethereum (ETH), Litecoin (LTC), Dash (DASH) and others, have been accepted by mainstream financial industry and this caused a drastic gain in their prices. 

Visa Inc. started accepting its USA customers to use USDC for payments using its payment network and this triggered the price of USDC stablecoin to increase from $0.9992 to $1.00.

In the same month, PayPal announced it has launched a new feature called Checkout with Crypto to allow its USA clients to use their cryptocurrency holdings to make payments with the help of its payment network and this effort also led to a boom in the crypto market.

A Venezuelan satellite TV provider Simple TV also showed interest in cryptocurrency. The company announced that it has started to accept its over four million clients to pay TV subscriptions in the form of digital currencies starting with specific coins including BNB, DASH, LTC, ETH, BTC and the prices  these coins gained. 

Binance Coin increased from $227.29 to $320.15, Dash gained from $183.59 to $233.43, Litecoin gained from $169.64 to $201.53, Ethereum soared from $1,594.74 to $1,966.76 and Bitcoin jumped from $57,726.42 to $59,930.03, according to the data by CoinMarketCap. 

However, even though the rates of all these aforementioned cryptocurrencies gained, no single coin made it to the list of the best gainers of March. Below are the top 5 cryptocurrencies that showed the best performance among the top 100 cryptocurrencies in the entire global market.

Dent is the number one performer among the top 100 digital currencies in the world. During the past 30 days, DENT gained by about 761.62%. The lowest and highest value of DENT in March was $0.001505 and $0.01497 respectively.

At press time, DENT/USD is being traded at $0.01335 (+3.74%), with a trading volume of $217.13 Mln and market cap of $1.249 Bln. The coin registered a monthly low on March 3, with its value amounting to $0.0015. The highest rate of $0.014 was reached on March 30.

DENT is being supported by various crypto asset exchanges such as HitBTC, KuCoin, Binance, FTX and Upbit.

Based on the charts and trends of DENT’s price, the coin that operates on the Ethereum platform is to touch $0.1114 price cap, the level it last hit on January 9, 2018.

Chiliz (CHZ) was officially rolled out in 2019 and is now in Rank #42. CHZ is among the coins that operate on the largest distributed ledger technology (DLT) for online sports and gaming crowdfunding.

Currently, the price of CHZ/USD is standing at $0.5044, with a MC of $2,817,977,280, volume of $633,499,638 and circulating supply of 5,586,361,319 CHZ.

During March, the value of Chiliz rocketed by 757.24 percent. The low and high price for CHZ in March was $0.05495 (March 1) and $0.8315 respectively. As a matter of fact, Chiliz recorded its all-time high price of 0.89315 on March 13, 2021.

With the online betting, gaming and sports industry increasing its adoption and use for cryptocurrencies, Chiliz could sign a further increase. The trend shows that CHZ cryptocurrency could touch and trade above $1.00 price level.

Harmony (ONE) is currently in Rank #63 by crypto market cap. Throughout March 2021, ONE’s price gained over 537.52 percent. Harmony can be accessed and traded on many exchange platforms like KuCoin, Binance, Bitcoin.com Exchange, Huobi Global and HitBTC.

At press time, Harmony is changing hands at about $0.1841 (+1.80%), with a market cap of $1.749 trillion and volume of over $203.988 mln. Its 30d low / high is $0.02725 (March 2) and $0.2164 (March 29), resp.

Harmony is a giant DLT platform created to facilitate the development and utilization of DApps (distributed applications).

ONE recorded its ATH on March 29, 2021 ($0.2164), meaning that March has been a good trading period for this coin. ONE crypto is now competing with other digital currencies such as Bitcoin BEP2, Zcash and Pundi X in the market.

Holo (HOT) was created to be distributed so as to lower down the threats kindred giving any one entity a lot of power. Holo cryptocurrency which ranks #40 by MC is the number four performer of the top 100 virtual coins in the world. During the last 30 days, HOT has skyrocketed by about 531.94%. Holo’s monthly low and high was $0.002478 (March 5) to $0.019 (March 30) respectively.

At the time of writing, Holo is trading at about $0.01701 (+1.88%), with a 24h trading volume of $840,843,077 and market cap of $2,887,671,550.

Holo is currently being traded in a variety of cryptocurrency exchanges including Gate.io, HitBTC, Binance,  Paribu, and Uniswap (V2).

If it continues with this trajectory, the value of Holo, the coin that operates on the centralized internet and Holochain platform, is to trade above $0.02.

Ankr (ANKR) is in Rank #82 by crypto market cap. The coin is traded in most of the top exchanges including  Upbit, Binance, HBTC, Huobi Global, and Huobi Global. In the past 30d, ANKR managed to gain almost 474.61 percent.

The live ANKR price today is $0.1637 with a 24-hour volume of $331.184 Mln. Ankr is up 3.62% in the past 24 hours, and has a live MC of $1.145 trillion. ANKR has a circulating supply of 6,996,232,711 ANKR coins and a max. supply of 10,000,000,000 ANKR coins.

The lowest price of the month was registered on March 1, amounting to $0.0280. The monthly high amounted to $0.207 on March 28.

The Covid-19 pandemic has given a chance to the cryptocurrency industry to exercise its potential. Ever since the pandemic started, the market has grown by over  89.4 percent, and this is a clear indication of growing adoption and use of digital currencies globally.

Bitcoin is now "uncatchable" by competing cryptocurrencies due to its limited supply, growing demand among institutional investors and expanding network, a recent report states.

The number of Bitcoins mined increases supply about 1.3% each year, or about the same as gold—long a store of value. However, the number of Bitcoins is limited to 21 million.

"Some observers believe that Bitcoin's fixed supply is irrelevant because any other digital asset could copy the Bitcoin code and serve as a replacement," Greg Cipolaro and Dr. Ross Stevens, researchers at New York Digital Investment Group, the Bitcoin subsidiary of Stone Ridge Holdings, a $10 billion alternative asset manager, said in a research report.

"This perspective misses a critical point. While Bitcoin's code is infinitely and inexpensively replicable, its ecosystem is not," the researchers said. "Bitcoin's developers, users, miners, merchants, and exchanges, among others, drive the network effect that creates its unique prominence. The bottom line: Bitcoin's code base can be copied, but the credibility, and immutability of its hard money policies cannot. Bitcoin is long past the point of being catchable."

The names of Bitcoin investors are confidential, but all transactions are available on the blockchain, an unalterable record.

The researchers said blockchain activity shows that investors are holding Bitcoin for longer periods. A total of 63.2% have owned the coins for at least one year, 44.6% for two years and 32.3% for three years.

Buying and holding Bitcoin reduces the number of coins in circulation, driving up the price.

In mid-day trading Wednesday, Bitcoin changed hands at $59,243.70. The all-time high is $61,556.59. But the cryptocurrency is still up 102.89% for the year, CoinDesk reported.

"Increasing fundamental demand combined with a fixed supply and automatically declining supply growth make a compelling case for Bitcoin as an alternative investment for institutional investors," the researchers said.

The total number of Bitcoin users isn't known, but the number of public addresses is a good proxy for ownership. The researchers said there are now 25.6 million addresses on the Bitcoin network, an all-time high. This underscores the growing acceptance of Bitcoin and suggests future growth of its market cap, now about $1.11 trillion.

The number of addresses holding more than 1,000 Bitcoins, a proxy for institutional investors, is at an all-time high.

"However, this total number, only 2,218, is still strikingly small, which suggests that the ecosystem remains in the very, very earliest stages of institutional adoption," the researchers said.

Major companies have added Bitcoin to their portfolio as a long-term investment. Stone Ridge Holdings Group snapped up its first Bitcoin in 2017. MicroStrategy and Square followed in 2020. Tesla invested $1.5 billion in Bitcoin this year.

Elon Musk's tweets about his investment drove Bitcoin's price higher.

But skeptics doubt Bitcoin's long-term value.

"Stay away from it. It's a mirage, basically," said Warren Buffett, CEO of Berkshire Hathaway, a value investment company with a market cap of about $596 billion.

New York investment bank Goldman Sachs believes Bitcoin is too volatile to be a medium of exchange. If so, that would limit Bitcoin's use in commerce.

The New York Digital Investment Group researchers are confident about the cryptocurrency's future.

"Bitcoin is like Google without the antitrust," the researchers said.

Limited supply and strong demand drove U.S. house prices higher in January, creating bidding wars for desirable properties and raising concerns about the ability of many first-time buyers to compete in the market.

The S&P CoreLogic Case-Shiller U.S. National Home Price Index said prices rose at an 11.2% annual rate in January, up from 10.4% in December.

Phoenix led the upward stampede with a 15.8% year-over-year price increase, followed by Seattle with a 14.3% increase and San Diego with a 14.2% increase. All 20 cities surveyed reported higher price increases.

The S&P CoreLogic Case-Shiller Index is calculated each month and is based on a three-month moving average. The figures are released with a two-month lag, but nevertheless provide insight into price movement.

Higher prices are driven by historically low mortgage rates, a lag in new construction, thousands of people moving out of major cities in response to the COVID-19 pandemic and hordes of house-hunting millennials now in their 30s, analysts said.

The laptop computer may be a key factor in rising house prices as many people working from home during the pandemic looked for more space or no longer felt tethered to the office and moved farther from work.

Earlier this month, the National Association of Realtors said there were 1.03 million existing homes for sale in February, the same number on the market in January and the tightest inventory since 1982.

Many economists believe pent-up demand and savings accounts plumped by an inability to spend on big ticket items during the lockdown mean home sales will bloom like flowers in the warm weather, further boosting prices.

Home sales typically decline in winter but increase each spring because many families buy a new house before school resumes in September.

Current conditions suggest a seller's market and continued price increases.

Despite limited supply early this year, analysts expect 6.44 million existing homes to be sold this year, exceeding 2020's total of 5.64 million.

Less than a week after the price of Bitcoin dipped to nearly $51,000 the price of BTC has steadily risen to nearly $60K. A number of analysts believe that this run could bring Bitcoin to new all-time highs, and that $73K is the next target.

According to CoinTelegraph, Bitcoin’s latest upward moves are due in part to news that broke this week on Visa and PayPal’s entrance into BTC and the world of cryptocurrency payments.

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Specifically, Visa announced earlier this week that it would be settling some USDC transactions from users of the Crypto.com Visa Card through the Ethereum blockchain. On Tuesday, PayPal confirmed that its users officially had the ability to send cryptocurrency payments to merchants.

Therefore, Bitcoin’s current price run seems to be the latest of many news-fueled rallies that have taken place since the beginning of the year. On January 1st, the price of Bitcoin was just under $30,000. Today’s levels near $60,000 represent a growth spurt of nearly 100%.

Indeed, in an article for Cointelegraph, trader and analyst Michaël van de Poppe wrote that: “the entire structure since September is massively bullish when the market broke above $12,000 and started to accelerate.”

Because the run has been so strong, van de Poppe wrote, BTC’s current ‘higher low’ sits between $49,500-$51,000. In other words, this is where Bitcoin has bottomed out during its last several corrections. Previously, BTC’s higher low sat at around $42K.

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Because BTC’s lows are getting higher, van de Poppe believes that new highs are imminent. “$73,000 and $92,000 become the next points of interest if Bitcoin’s price breaks above the current all-time high at around $61,000,” he wrote.

Beyond Bitcoin, van de Poppe pointed out that crypto’s total market cap and Bitcoin market dominance figures look sturdy. The crypto market cap recently tested and held the $1.5 trillion mark. According to van de Poppe, the “next points of interest for the total market cap can be found at $2.2 trillion.”

Additionally, Van de Poppe said that Bitcoin’s market dominance will play a critical role in the price of BTC throughout the longer term. Specifically, if Bitcoin’s dominance drops below 60%, van de Poppe predicts that: “an assumption can be made that a sharp drop will occur toward 50%.”

“That’s not unlikely to happen since the summer period is often very favorable for altcoins,” he explained, adding that: “2020 saw big rallies during this period, and investors remember the summer of 2017.”

Still, the Paypal and Visa news has a number of investors making big predictions for BTC. Kraken Chief Executive Jesse Powell told CoinTelegraph that Bitcoin’s price will continue to rise by the measure of expensive cars: it will be “one Bitcoin per Lambo” by the end of the year, he said, and “one Bitcoin per Bugatti” by 2023. At the moment, a single BTC will buy a Tesla Model 3.

Why use muscle cars as a unit of measurement? “To the crypto community, I think those kinds of assets are easier to measure Bitcoin against because you never know where the dollar is going to be,” Powell explained. “There could be 10 times as many U.S. dollars out there a year from now, so it’s really hard to measure Bitcoin against the dollar.”

Furthermore, Finance Magnates previously reported that the supply of Bitcoin is shrinking on leading cryptocurrency exchanges, a sign that BTC holders are not selling their coins in anticipation of big gains for BTC.

Thanks to Bitcoin’s recovery run and its latest effort to breach the $60k-level, the rest of the altcoin market was climbing too. However, some signs of exhaustion could be seen too, with the likes of Tezos, Basic Attention Token, and Tezos recording some corrections over the past 24-48 hours.

Tezos [XTZ]

Tezos has had a good few weeks, with the altcoin hitting a new ATH on the charts just recently. However, its performance has been overshadowed by that of its fellow alts, with Tezos ranked all the way down at 35th on CoinMarketCap. The month of March saw XTZ at its inconsistent best, with the cryptocurrency noting a series of brief hikes followed by sharp falls.

The same was the case over the past two days, with the altcoin dipping by over 6% on the back of an uptrend that saw the crypto recover from the market-wide depreciation on the 25th.

While the dotted markers of the Parabolic SAR were well place above the price candles, the MACD line was creeping below the Signal line on the charts.

The altcoin’s latest movement was in complete opposition to what was expected a few days ago, a time when the alt was on a sharp uptrend.

Tezos was in the news recently after France’s Lugh.io launched a Tezos-based stablecoin.

Basic Attention Token [BAT]

Brave browser’s native crypto, Basic Attention Token, like Tezos before it, was at the end of a correction wave at press time, with a brief recovery following suit. The said corrections came on the back of BAT climbing by over 9.5% on the charts, a hike that pushed the value of the crypto closer to its local top.

It’s worth noting, however, that BAT’s latest price action was backed by very minimal trading volume.

The Bollinger Bands on BAT’s charts were holding their width, a finding indicative of some degree of price volatility. However, the Awesome Oscillator pictured some negative momentum, with the histogram flashing bearish signals.

The altcoin’s movements can also be interpreted to be an extension of the descending triangle seen on the crypto’s charts a few days ago.

Zcash [ZEC]

Zcash, one of the crypto-market’s premier privacy coins, climbed by over 30% in just under 5 days to recover all of its previous losses. At press time, however, the altcoin’s prevailing bullish momentum had stalled, with the crypto yet to breach its local top on the charts. It’s worth noting, however, that the trading volume noted a surprisingly significant spike a few sessions ago, something that might indicate more market activity to come in the near-term.

The same was supported by the findings of BAT’s technical indicators as while the Relative Strength Index was skirting the overbought zone on the charts, the Chaikin Money Flow was holding firm above 0.20 to underline the strength of capital inflows.

The altcoin was in the news today after a report revealed that several cryptos, including the likes of Bitcoin and Zcash, remain popular among terrorists based in Idlib.

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Jibin is a news editor at AMBCrypto. With over three years of experience as a political writer, he primarily focuses on the political impact of crypto developments. A graduate in Law and International Relations, his writing is by and large focused on cryptocurrencies from the political and financial perspective. A Liverpool FC fan. YNWA

With a market capitalization of over $900 billion, Bitcoin, the world’s largest cryptocurrency, has secured acceptance among several mainstream investors and companies. However, it would seem that Ripple CTO David Schwartz doesn’t share the same degree of optimism.

During a recent interview with Techradar Pro, Schwartz suggested that Bitcoin is “doomed” to fail its most important mission. According to the Ripple exec, over the past decade, the cryptocurrency has failed “to deliver a system whereby people can transact freely with one another, without the involvement of any intermediary.”

In fact, Schwartz also pointed to Bitcoin’s core design to explain why he thinks this is the case, with the exec stating,

“The design of the Proof-of-Work (PoW) consensus mechanism at the heart of the Bitcoin blockchain is such that true decentralization and disintermediation was never a possibility.”

According to Schwartz, a cryptocurrency should be a one-sided market, with users wanting a store of value and a means of exchange. Bitcoin, however, turned it into a “two-sided market,” he said.

In the aforementioned interview, the exec went on to claim that identifying these problems with PoW was key to the work done by Schwartz and former Ripple executive Jed McCaleb back in 2011.

“At the time, the philosophy for most people was that PoW was Bitcoin’s secret sauce, but the very first cracks in the foundation were beginning to show.”

XRPL, ergo, was introduced after basing it on the idea of a distributed agreement algorithm, one which is intended to perform the same core functions, but without the downsides of PoW or PoS. The consensus algorithm is just to set the orderly transactions in place without any cryptocurrency rewards, making the process cooperative as opposed to competitive.

Having said that, Schwartz wasn’t shy to point out the main downfall in his system.

“The main issue with this approach is that the quality of network participants isn’t always as high. With no cryptocurrency rewards available, the network attracts a less reliable pool of participants who are more likely to drop off without any notice.”

To conclude, Ripple’s CTO presented his views on cryptocurrencies and regulations in place,

“In the years to come, cryptocurrency projects will preserve their roots in decentralization and disintermediation by providing a way for users to adhere to local regulation, but without mandating compliance.”

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Shubham is a full-time journalist at AMBCrypto. A graduate in Accounting and Finance, Shubham's writings mainly focus on crypto-regulations across the United States and Europe.

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Dogecoin – Chainlink price prediction: Chainlink retest support at $26.5, rejects further downside

TL;DR Breakdown

Today’s Chainlink price prediction is bullish as the market rejects further downside after retesting support at $26.5. Therefore, we should see another attempt to move higher over the following 24 hours.

Cryptocurrency heat map. Source: Coin360

The cryptocurrency market has retraced over the last 24 hours. Most of the altcoin are in the red as the markets finishes retracing and prepare to move higher later this week. Market leader Bitcoin trades at $57.810 and is down by 1.89 percent, and has a market dominance of 60.57 percent. Best performance is seen for Filecoin, with more than 20 percent gain.

LINK/USD opened at $27.83 today, after consolidating below $28.5 resistance yesterday. Since then, LINK has pushed lower and currently tests support at $26.5. As of now, further downside is rejected, signaling that we should see further upside later today.

The LINK/USD price moved in a range of $26.69 – $28.57, indicating a good amount of volatility. 24-hour trading volume has dropped by 9.15 percent and totals $1 billion. Market cap has dropped to $11.2 billion, ranking the cryptocurrency in 11th place overall.

On the 4-hour chart, we can see the Chainlionk price action attempting to break through support around $26.5. Right now, some rejection is seen, indicating that the market will likely push higher over the following 24 hours.

LINK/USD 4-hour chart. Source: TradingView

Overall, Chainlink looks to regain bullish market direction after breaking through previous consolidation range support at $26.5 and moving all the way towards the next support at $24. Previously this support level held the market from further downside several times at the end of February. Therefore, we expect that last week’s retest of this price level has stopped the current medium-term bearish momentum.

During the weekend, the bullish Chainlink price momentum pushed back above $26.5, indicating that we should see further upside later this week. Yesterday, the market attempted to break through the $28.5 mark, which served as a middle-of-the-range support/resistance level over the previous last weeks. Chainlink found resistance and was rejected back to the downside overnight.

Right now, LINK/USD tests previous support around $26.5 with a rejection for further downside already seen. Therefore, we expect the Chainlink price momentum to shift back to bullish over the next 24 hours and attempt to set a new higher local high above the $28.5 mark. From there, the next major resistance area is seen around $31-$32, which, if reached from the current price of $27, would mean a potential gain of around 15-18 percent.

Alternatively, if the support at $26.5 does not hold, LINK should retest the previous major support at $24, which would be a bearish sign for the overall market structure. In this scenario, we could see LINK/USD set further lows over the next few weeks, which would mean that a new all-time high for Chainlink price would not be seen for several months.

Chainlink price prediction is bullish as the support at $26.5 has stopped LINK from moving lower. If the $26.5 level is not broken, we should see further upside later today, with the next resistance at $28.5. From there on Chainlink will likely start to set its way towards a new all-time high above the $36 mark.

While waiting for further Chainlink price action, read our Dogecoin price prediction and guide on how to mine Dogecoin. To learn more about Ethereum, see our Ethereum price prediction.

Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.

Dogecoin – Dogecoin News | DOGE price Index and Live Chart Tags: Dogecoin Stock Market, Latest News on C N N.

ADA price – Bitcoin and Ethereum Rise Steadily, BNB Surges Above USD 300

Bitcoin price remained well bid above USD 58,000 and it even climbed above the USD 59,000 level. BTC traded towards the USD 59,500 level before starting a downside correction. It is currently (04:30 UTC) trading below USD 59,000, but the bulls might protect losses below USD 57,200.

Similarly, most major altcoins are trading in a positive zone. ETH spiked above the USD 1,850 resistance before correcting lower. XRP/USD failed to test the main USD 0.600 resistance and revisited USD 0.550.

Total market capitalization

After surpassing the USD 58,000 level, bitcoin price extended its upward move. BTC even broke the USD 59,200 resistance. However, it failed to test USD 59,500. A high was formed near USD 59,350 before there was a downside correction. The price is now trading below USD 59,000, with an immediate support at USD 58,150. The next major support is near the USD 57,800 level, below which the price might test USD 57,200. On the upside, the price might test the USD 60,000 resistance in the near term.

Ethereum price also followed bitcoin and it cleared the USD 1,820 resistance zone. However, ETH failed to settle above USD 1,850 and it started a pullback from the USD 1,865 zone. It traded below USD 1,825 and it might soon test USD 1,800. The first major support is now forming near the USD 1,765 level. On the upside, a close above the USD 1,850 level could open the doors for a move towards USD 1,920 or even USD 1,950.

Binance Coin (BNB) surged over 10% and it even broke the USD 300 resistance. BNB tested USD 315 and it is now consolidating gains near USD 300. If there is a downside correction, the price could remain stable above USD 285 and USD 280. On the upside, the price could gain momentum above USD 310 and USD 315. Cardano (ADA) tested the USD 1.235 level and corrected lower below USD 1.200. ADA is now trading near USD 1.185 and it could even revisit the USD 1.165 support zone. On the upside, the main target for the bulls this week might be USD 1.300. Litecoin (LTC) keeps struggling to settle above the USD 195 and USD 200 resistance levels. Therefore, there is a risk of a decline towards USD 172 or even USD 165. Conversely, the price could surge 15%-20% after there is a successful close above the USD 200 level. XRP price started an increase towards the USD 0.600 resistance, but it failed near USD 0.585. The price is now correcting lower and trading near USD 0.550. There could be a drop to USD 0.532, but the bulls might remain active as long as the price is above USD 0.500.

Several altcoins gained over 8%, including BTT, HOT, CKB, FIL, OKB, ZRX, XMR, LSK, and CAKE. Out of these, BTT surged close to 40% and it broke the USD 0.005 level.

Overall, bitcoin price is trading above USD 58,000 and USD 57,500. BTC might consolidate in the short-term, but the overall price action suggests a possible move towards the USD 60,000 level. _____

ADA price – Bitcoin and Ethereum Rise Steadily, BNB Surges Above USD 300 Tags: ADA price, Cardano

XRP price – Bitcoin Eyes USD 60K Again, Ethereum and Altcoins Surge

Bitcoin price is showing positive signs above USD 57,000. BTC broke the USD 58,000 and USD 58,500 resistance levels. It is currently (12:30 UTC) trading above USD 59,000 and it might soon aim for a test of USD 60,000.

Similarly, most major altcoins are rising steadily. ETH is back above USD 1,800 and it could attempt an upside break above USD 1,850. XRP/USD is gaining momentum and it might soon attempt to clear USD 0.585 and USD 0.600.

Total market capitalization

After forming a fresh support base above USD 57,000, bitcoin price restarted its rise. BTC broke the USD 58,000 and USD 58,500 resistance levels. The price even spiked above USD 59,000 and it seems like the bulls are aiming for a test of the USD 60,000 level. If there are more upsides, the price might trade to a new all-time above USD 62,000. On the downside, the USD 58,500 level is a short-term support. The first key support is now forming near the USD 58,000 level, below which it could test USD 57,200.

Ethereum price is gaining momentum above the USD 1,800 resistance. ETH traded above USD 1,820 and it might clear the USD 1,850 resistance zone. The next key resistance above USD 1,850 could be near the USD 1,920 level. An initial support on the downside is near the USD 1,810 and USD 1,800 levels. The main support is now forming near the USD 1,750 level.

Binance Coin (BNB) is up around 8% and it broke many hurdles near USD 280. BNB is approaching the USD 300 level. If there is a daily close above USD 300, there are chances of an increase towards the USD 335 and USD 340 levels in the near term. Cardano (ADA) cleared the USD 1.200 resistance and it is attempting a close above USD 1.220. If the bulls remain in action, the price might reach the USD 1.285 and USD 1.300 levels. On the downside, the USD 1.168 and USD 1.150 levels are important supports. Litecoin (LTC) is again attempting an upside break above the USD 200 resistance. If LTC settles above USD 200, it could start a fresh rally towards the USD 225 and USD 240 resistance levels. An intermediate resistance may possibly be near USD 232. XRP price formed a support base above USD 0.550 and it is slowly rising. The price is approaching the USD 0.585 level. The main resistance is still near USD 0.600, above which the price could surge towards the USD 0.635 and USD 0.650 levels.

Many altcoins gained over 10%, including HOT, DENT, CELO, FTM, HT, RUNE, ZRX, OKB, ICX, SOL, RSR, OMG, COMP, NEXO, and ALGO. Out of these, HOT is accelerating gains above the USD 0.0150 level.

To sum up, bitcoin is gaining pace above the USD 58,000 and USD 58,500 levels. The overall price action is positive, suggesting a possible fresh test of USD 60,000 in the near term. _____

XRP price – Bitcoin Eyes USD 60K Again, Ethereum and Altcoins Surge Tags: XRP price

ADA price – BTC, ETH, XRP, ADA, UNI, DOT and BNB price Analysis for March 31

The last day of March has begun with no vivid bullish or bearish signals as some coins are in the red zone while others remain in the green.

Yesterday morning, weak support around $57,100 halted the decline in the price of Bitcoin (BTC) and the bulls resumed their attempts to overcome the resistance of $58,000. In the first half of the day, the price recovered to this key level and consolidated above it. During the day, the bulls intensified the onslaught, as a result of which the daily maximum was fixed at around $59,380. At the end of the day, the trading volume decreased and the pair found support at the level of $58,400 and consolidated sideways until morning.

Judging by the short pullback, today the bulls intend to continue the recovery of the pair to the area of ​​the monthly high. However, since last week, the recovery has not been supported by large volumes. If this trend continues on the last day of the month, then the bulls will not have time to get to the March high.

Another obstacle on the way to renewing the high is psychological resistance at the level of 60,000 USD. This level has already turned the pair into a rather deep retracement several times. There is no firm confidence that today bulls will be able to break through bears’ defenses and gain a foothold in the maximum zone.

At the same time, a rather powerful bullish impulse from a large buyer is capable of breaking through the psychological level of $60,000 and renewing the absolute maximum in the area of $62,100 in early April.

Bitcoin is trading at $57,800 at press time.

By the end of the day, the pair was able to test the resistance at 1,860 USD, which has kept the price of Ethereum (ETH) in a sideways range until this morning. If bulls are able to increase buying volumes, then today they would update the March high around the $1,950 mark. If the upper border of the channel keeps the pair in a sideways range, then the price will roll back to the two-hour EMA55.

Ethereum is trading at $1,805 at press time.

Strengthening the positions of sellers in the market may lead to a fall in prices below the psychological mark of $0.50.

XRP is trading at $0.5458 at press time.

ADA price – BTC, ETH, XRP, ADA, UNI, DOT and BNB price Analysis for March 31 Tags: ADA price, Cardano