đ Crypto Bulls Charge: Cardano, Bitcoin & Hyperliquid Price Surge Predictions â Asia Market Watch June 23
Asian markets brace for another crypto rollercoaster as Cardano, Bitcoin, and Hyperliquid show bullish signals. Traders ignore traditional financeâs existential crisisâagain.
### Bitcoin: The ATH Hunter
BTC flirts with resistance levels, teasing another breakout. Miners stack while Wall Street analysts scramble to justify their outdated âbubbleâ rhetoric.
### Cardanoâs Silent Rally
ADA defies bearish whispers with stealthy institutional accumulation. Smart contract activity spikesâproof that slow and steady wins the race (unless youâre a leverage junkie).
### Hyperliquidâs Dark Horse Energy
The DeFi underdog pumps on protocol upgrades. Meanwhile, bankers still think âliquidityâ refers to their post-margarita hydration.
### Closing Thought
Crypto doesnât sleepâunlike your bankâs 3-day settlement system. Buckle up.
Cardano Price Forecast: ADA profit-taking and dormant wallet activity rise as BTC dips below $100K
Cardano (ADA) price hovers around $0.54 on Monday, after falling nearly 15% last week, as tensions in the Middle East escalated following the US attack on Iran. This double-digit correction triggered a wave of liquidation, wiping out a total of nearly $17 million in long positions last week. Additionally, the on-chain metrics support the bearish thesis as ADA profit-taking and dormant wallet activity are increasing, signaling growing selling pressure.
Top 3 Price Prediction: Bitcoin, Ethereum, Ripple â Bears set sight on $98K BTC, $2K ETH and $1.77 XRP
Bitcoin price closed below its 50-day Exponential Moving Average at $102,942 on Saturday and declined 1.13%, reaching a low of $98,200 the following day. At the time of writing on Monday, it hovers around its key level of $100,000. If BTC continues its correction and closes below $100,000 on a daily basis, it could extend the decline to retest its Sunday low of $98,200. However, if BTC recovers, it could extend the recovery toward its 50-day EMA at $102,942.Â
Top Crypto Gainers Price Prediction: OKB, IP, HYPE post gains, shrug off Bitcoinâs dip to $100,000
Hyperliquid reports a minor growth of under 1% at the time of writing on Monday. HYPE marks the third consecutive bullish candle, extending the 7% weekend recovery. A support trendline formed higher lows on April 7, April 28, May 6, and June 20. The immediate resistance for HYPE aligns with the May 25 swing high at $39.05. The MACD indicator inches closer towards its signal line for a bullish crossover, considered a trend reversal and buy signal. The RSI at 49 reverses towards the halfway line as bullish momentum replenishes, indicating a potential uptrend continuation.Â