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Cryptocurrencies Price Prediction: Bitcoin, Cardano and Uniswap – European Wrap 13 August

Cryptocurrencies Price Prediction: Bitcoin, Cardano and Uniswap – European Wrap 13 August
FXStreet TeamFXStreet TeamFXStreet

Bitcoin Weekly Forecast: BTC bulls eye $50,000, but technicals threaten 10% retracement

Bitcoin price has struggled to slice through a crucial resistance level for over four days. This stagnation has pushed BTC and the altcoins to lose momentum and flash a warning signal of an incoming pullback. 

BTC/USDT 12-hour chart

Cardano, Solana and Polkadot compete for dominance ahead of Ethereum's ETH2 upgrade

The non-fungible token (NFT) landscape is currently dominated by Ethereum, and it is likely that NFT applications migrate from the mainnet to layer-2 solutions. Ethereum killers are competing for a bigger share of the NFT market.

Uniswap Price Prediction: UNI to retrace 15% as bulls take break

Uniswap price is tussling with the range high and is likely to face rejection considering the general structure of the cryptocurrency market. Despite the recent upswing, investors should be wary of fakeouts.

UNI/USDT 12-hour chart

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Crypto Today: Bitcoin, Ethereum, XRP pare gains despite increasing hopes of upcoming Fed rate cut

Crypto Today: Bitcoin, Ethereum, XRP pare gains despite increasing hopes of upcoming Fed rate cut

Bitcoin (BTC) is steadying above $91,000 at the time of writing on Friday. Resistance at $94,150 capped recovery on Wednesday, but in the meantime, bulls have contained downside risks above $90,000.