Cryptocurrencies

Top 3 Price Prediction Bitcoin, Ethereum, Cardano: Breakout or Reversal Ahead?

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Written By: Lilly Mwogah
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    Summary:
  • BTC holds above $90,780, eyeing $91,252 resistance. A breakout could push it toward $100,114; key support at $82,688.
  • ETH tests $2,315 support, with resistance at $2,555. Bulls need to hold above $2,257 to prevent a retest of $2,150.
  • ADA trades near $0.9317, facing resistance at $1.0281. Holding $0.8437 support is key to avoiding further declines.

Bitcoin (BTC), Ethereum (ETH), and Cardano (ADA) are showing signs of stabilization after recent volatility. Bulls are attempting to regain control, with BTC bouncing off key support, ETH testing critical levels, and ADA showing resilience despite market pressure. Traders are closely monitoring these assets for potential breakouts as market sentiment improves.

Bitcoin Price Could Bounce if Key Support Holds

BTC Key Levels to Watch

  • Current Price: $90,780
  • Immediate Resistance: $91,252
  • Major Resistance: $100,114
  • Immediate Support: $82,688
  • Major Support: $73,746

BTC Technical Indicators

  • RSI: 47.27 (Neutral, with upside potential)
  • MACD: Bullish crossover forming, suggesting momentum shift
Bitcoin price today March 6, 2025

Bitcoin price recently tested $82,688 before rebounding, signaling renewed buying interest. A break above $91,252 could push BTC toward $100,114, while a failure to hold above $82,688 may lead to a drop toward $73,746.

Ethereum Is Poised for a Recovery If Support Holds

ETH Key Levels to Watch

  • Current Price: $2,315
  • Immediate Resistance: $2,555
  • Major Resistance: $2,815
  • Immediate Support: $2,257
  • Major Support: $2,150

ETH Technical Indicators

  • RSI: 39.31 (Approaching oversold levels, possible reversal)
  • MACD: Bearish but showing early signs of recovery
Ethereum price today March 6, 2025

Ethereum found support at $2,257, suggesting potential for a recovery. A push above $2,555 could trigger further upside toward $2,815, while failure to hold support may send ETH back toward $2,150.

Cardano Price Holds Firm, Eyeing Key Resistance

ADA Key Levels to Watch

  • Current Price: $0.9317
  • Immediate Resistance: $1.0281
  • Major Resistance: $1.1487
  • Immediate Support: $0.8437
  • Major Support: $0.7656

ADA Technical Indicators

  • RSI: 56.23 (Neutral, leaning toward bullish)
  • MACD: Positive momentum building, signaling possible upside
Cardano price today March 6, 2025

Cardano is holding support at $0.8437, showing signs of a potential recovery. A close above $1.0281 could send ADA toward $1.1487, while a move below $0.8437 may lead to a test of $0.7656.

Conclusion: Can Crypto Bulls Take Control?

Bitcoin, Ethereum, and Cardano are showing early signs of recovery, with strong support levels holding firm. BTC must break above $91,252, ETH must hold $2,315, and ADA must clear $1.0281 to confirm bullish momentum. A failure to sustain these levels could trigger further corrections, making these critical areas to watch. Traders should stay alert for breakouts or potential reversals in the coming sessions.

This post was last modified on Mar 06, 2025, 16:18 GMT 16:18

Written By: Lilly Mwogah

Lilly Mwogah is a finance writer specializing in cryptocurrencies, forex, and indices. Passionate about simplifying complex financial topics, she creates engaging content for a broad audience. With a solid grasp of market trends and economic indicators, her work informs and empowers readers to navigate the dynamic finance world.

Published by
Written By: Lilly Mwogah