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Cryptocurrencies Price Prediction: Bitcoin, Chainlink and Uniswap – European Wrap 17 November

op 3 Price Prediction Bitcoin, Ethereum, Ripple: Bitcoin welcoming $17,000, crypto bull market at the threshold

The cryptocurrency market continues to have an exciting week, with Bitcoin closing in on $17,000. According to CoinMarketCap, most of the cryptocurrencies have made a positive gain aggregate over the last seven days. Bitcoin is likely to rally a bit more, carrying the entire market upwards before a considerable correction comes into the picture. Read more...

BTC/USD price chart

Chainlink Price Forecast: LINK eyes massive rebound to $18 as on-chain metrics flip bullish

Chainlink lost nearly 65% of its value from the peak reached in August. Following the support at $7.2 in September, LINK/USD has rebounded to trade above $13 but has failed to overcome the seller congestion at $14. Read more...

LINK/USD price chart

Uniswap’s liquidity plummets 50% and UNI price may follow

The largest decentralized cryptocurrency exchange Uniswap lost its leadership. According to DeFi Pulse, the platform now takes third place with the total value locked (TVL) of $1.6 billion. Users drained nearly half of Uniswap's liquidity in less than 24 hours as the liquidity mining reward program is set to expire shortly, on November 17 at 12.00 UTC. Read more...

UNI/USD, 12-hour chart

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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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Crypto Today: Bitcoin, Ethereum, XRP recovery slows amid incessant capital outflows

The cryptocurrency remains in a broader corrective bias on Friday, despite majors such as Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) holding slightly higher than early-week support levels.

Cardano: Whale selling, cautious derivatives limit ADA rebound

Cardano is trading near $0.170 at the time of writing on Friday after staging a modest rebound from last week's sharp correction. However, the recovery remains fragile as large holders have resumed reducing their positions, adding fresh selling pressure to ADA.

Experts agree: Bitcoin nears bottom, but weak demand raises doubts

Bitcoin (BTC) is trading above $63,000 at the time of writing on Friday after rebounding from the key 200-week Simple Moving Average (SMA) near $62,000, a level widely viewed as key long-term support.

Pi Network Price Forecast: Bulls attempt comeback as bearish strength fades

Pi Network is trading at around $0.120 on Friday after a modest recovery the previous day. Despite this recent rebound, traders should be cautious as a scheduled unlock of 14.8 million PI tokens on Friday could limit the token's recovery potential by increasing market supply.

Experts agree: Bitcoin nears bottom, but weak demand raises doubts
Bitcoin (BTC) is trading above $63,000 at the time of writing on Friday after rebounding from the key 200-week Simple Moving Average (SMA) near $62,000, a level widely viewed as key long-term support. The recovery may suggest that Bitcoin has found a floor after a sharp correction that spanned more than a month, but some warning signs persist.