Cryptocurrencies Price Prediction: Bitcoin, Cardano & Uniswap – Asian Wrap 20 Oct

Bitcoin Price Prediction: BTC recent 3% breakout could be just the beginning

Bitcoin has reached a $217 billion market capitalization after the bullish momentum of the last week. The digital asset has gained more than $27 billion in market cap after hitting a low price of $10,249 on September 24. Bulls are in full control and eying up $12,000.

 

Cardano Price Analysis: ADA bulls in control, but the bears are waiting around the corner

Between September 2 and September 23, the price of ADA dropped from $0.125 to $0.76. Following that, ADA bounced up from a healthy support line and jumped to $0.11, as of writing. The "Ethereum killer" is presently consolidating between 50-day SMA and 100-day SMA.

 

Uniswap Price Prediction: UNI bulls try to shift the odds in their favor

Uniswap started trading as high as $7 on its first day but quickly fell off due to the intense selling pressure. The digital asset reached a $700 million market capitalization on September 18. Despite the downtrend, the market cap has increased again to $641 million due to more circulating supply. 

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.


RELATED CONTENT

Loading ...



Copyright © 2024 FOREXSTREET S.L., All rights reserved.