Cryptocurrencies Price Prediction: Doge Coin, Bitcoin & Uniswap — Asian Wrap 22 December

Dogecoin Price Forecast: Why investors should zoom out and consider the monthly narrative

Dogecoin price continues to display bearish technicals. Traders may want to zoom out to larger timeframes and consider DOGE’s bearish macro potential. Dogecoin price is wreaking havoc on the risk-taking bulls who entered the market this year.

Bitcoin miner Core Scientific files for Chapter 11 bankruptcy as share value declines by 98%

Following the collapse of FTX, the crypto market’s winter extended, resulting in many companies suffering unparalleled losses. Joining the list is one of the biggest Bitcoin mining companies, Core Scientific, whose ruination impacted the hash rate of the largest cryptocurrency network.

Uniswap Price Prediction: The alternative scenario investors should be aware of

Uniswap price is down 8% since the start of December and 87% since all-time highs. UNI could fall another 50% into a critical level if the crypto market heads further south. A breach above $6.23 is needed to consider aiming for bullish target

zones.

 

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.