TRENDING:
Oil price
XAU/USD
EUR/USD
GBP/USD
Silver
Sponsored by
Login
|

Cryptocurrencies Price Prediction: Bitcoin Cash, Polkadot & UniSwap – Asian Wrap 29 Oct

Cryptocurrencies Price Prediction: Bitcoin Cash, Polkadot & UniSwap – Asian Wrap 29 Oct
FXStreet TeamFXStreet TeamFXStreet

Bitcoin Cash Price Forecast: BCH’s path to $300 cleared up – Confluence Detector

After the price found support around $207, Bitcoin Cash has been trending upwards in an ascending channel formation. During this upward trend, the Bitcoin fork managed to cross the 50-day SMA ($238), 200-day SMA ($247.35) and 100-day SMA ($257.15). The MACD shows sustained bullish momentum.

Polkadot Technical Analysis: DOT bears tighten their hold, price aims for $4

Polkadot has had three consecutive bearish days after encountering resistance at the $4.70 barrier. In the process, DOT managed to break below the 50-day SMA and is currently priced at $4.35. The sellers are looking to aim for the $4 support wall.

UniSwap Technical Analysis: UNI bulls aggressively fight for an upswing to $3.5

UniSwap recently revisited the crucial and robust support at $2.5 amid declines within a descending parallel channel. At the beginning of August, the recovery staged hit a barrier at $3.5, cutting short the bullish outlook. UNI/USD must break the descending channel middle layer resistance for gains above $3.

Author

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.

More from FXStreet Team
Share:

Editor's Picks

Japanese Yen gains after hawkish Fed hold

Japanese Yen gains after hawkish Fed hold

USD/JPY trades near the 163.60 area on Wednesday, recovering from its immediate post-announcement decline as investors assess a generally hawkish Federal Reserve (Fed) monetary policy decision. The Federal Open Market Committee (FOMC) left the Fed funds rate unchanged within the 3.50%–3.75% range, as widely expected.
XRP edges up as Flare simplifies staking process

XRP edges up as Flare simplifies staking process

Ripple (XRP) holds modest gains, trading around $1.08 at the time of writing on Wednesday. The remittance token mirrors the general neutral-to-bullish outlook in the crypto market, as focus shifts to the Federal Reserve (Fed) rate decision. Market participants widely expect the Fed to leave interest rates unchanged in the 3.50%-3.75% range.
Crypto Today: Bitcoin, Ethereum, XRP post modest gains ahead of Fed rate decision

Crypto Today: Bitcoin, Ethereum, XRP post modest gains ahead of Fed rate decision

Cryptocurrency prices are broadly stable on Wednesday ahead of the Federal Reserve (Fed) interest rate decision. Bitcoin (BTC) holds above $64,000 but is struggling to sustain its rebound while Ethereum (ETH) sits above the short-term $1,900 support. Meanwhile, Ripple (XRP) is approaching the pivotal $1.10 resistance, a level that could shape the token’s upward trajectory if it is breached.
Bitcoin muted as markets fret over Fed, crypto bill

Bitcoin muted as markets fret over Fed, crypto bill

There are two main drivers for crypto this week, keeping Bitcoin trapped within its $58,000-$65,000 summer consolidation range. The cautious tone is being set by the Fed's policy decision scheduled later on Wednesday, a key catalyst for risk assets.
Bitcoin: BTC holds firm, but the $100 Oil threat could change the game

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.