|

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. 

Author

More from FXStreet Team
Share:

Markets move fast. We move first.

Orange Juice Newsletter brings you expert driven insights - not headlines. Every day on your inbox.

By subscribing you agree to our Terms and conditions.

Editor's Picks

Ripple faces persistent bear risks, shrugging off ETF inflows

Ripple is extending its decline for the second consecutive day, trading at $2.06 at the time of writing on Friday. Sentiment surrounding the cross-border remittance token continues to lag despite steady inflows into XRP spot ETFs. 

Luna Classic soars 20% as Do Kwon's sentence hearing looms

Luna Classic surges 20% on Friday, extending its recovery for the fourth consecutive day. Roughly 959 million tokens have been burned in December so far, fueling LUNC's recovery.

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. 

Ethereum strengthens against BTC post-Fusaka, targeting $3,200 breakout

Ethereum trades above $3,100 on Friday, with bulls aiming for a breakout above a two-month-old resistance trendline. Ethereum gains strength against Bitcoin as demand for the major altcoin increases after the Fusaka upgrade.

Orange Juice Newsletter – Smart insights by real people. Every day.

A free newsletter highlighting key market trends to help traders stay a step ahead. Daily insights on the most relevant trading topics, compiled by our experts in an easy-to-read format so you never miss an important move.

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.