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

On Monday, the BTC/USD pair rose further, breaking through the $27,750 resistance level. If the current bullish trend continues, it could reach $30,700 or even higher.

If the support levels at $26,700 or $25,200 fail, Bitcoin’s next support level is at $23,150. Despite potential dips, the overall trend remains strong as bullish engulfing candles form.

Ethereum Price Prediction

The ETH/USD pair is bullish on Monday, but its upward momentum is not as strong as Bitcoin’s. At the moment, Ethereum is struggling to break through the $1,800 mark.

If the ETH/USD pair manages to break through this level, it will almost certainly encounter immediate resistance at the $1,900 level.

On the downside, the ETH/USD pair is likely to find immediate support at $1,700 or $1,620.

Cardano Price Prediction

The $0.35 area of support-turned-resistance, which also coincides roughly with the 200-Day Moving Average, may continue to limit ADA upside in the near future, with the cryptocurrency still appearing to be in a downtrend from its February highs in the $0.42 area.

However, as buying pressure builds in the broader cryptocurrency market and the likes of Bitcoin and Ether reach new multi-month highs, it appears that ADA will soon follow suit.

A retest of the downtrend linking highs that dates all the way back to last June would be possible with a break above the aforementioned resistance area around $0.35 and the 200DMA.