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

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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FXStreet Team

Composed of a group of economic journalists and FX experts, the FXStreet content team produces and oversees all content published on FXStreet. It provides a purely journalistic approach to the Forex market.

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US Fed rate hike fears weigh on Bitcoin – TAO, ADA sustain gains

The broader cryptocurrency market maintains risk-off sentiment ahead of the US Federal Reserve interest rate decision on Wednesday. Bitcoin holds above $63,000 on Wednesday, while Bittensor and Cardano sustain gains from the previous day.

Bitcoin slips below support, Ethereum and XRP flash bearish signals

Bitcoin, Ethereum and Ripple remain under pressure on Wednesday after a mild correction earlier this week. BTC slips below a key support zone, and ETH is testing a key resistance zone. Meanwhile, XRP is drifting toward the psychologically important $1.00 support level.

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Bitcoin faces muted activity as BitMEX shutdown, FOMC uncertainty weigh on sentiment

Bitcoin eased below $64,000 on Tuesday as traders navigate exchange shutdowns and heightened uncertainty ahead of the Federal Reserve’s policy meeting, according to K33. In a report on Tuesday, K33 noted that BitMEX's decision to shut down marks the end of an important chapter for the crypto derivatives market.

Bitcoin: BTC holds firm, but the $100 Oil threat could change the game
Bitcoin (BTC) is modestly recovering, trading at $65,400 on Friday and holding firmly above the key support zone. US-listed spot Bitcoin Exchange Traded Funds (ETFs) supported BTC’s modest recovery as they continued to attract institutional inflows through Thursday, pointing to the third consecutive week of inflows.