Cryptocurrencies Price Prediction: Bitcoin, Chainlink & Cardano – American Wrap 24 Sep


Bitcoin is allergic to the US presidential elections and immune to the COVID-19 vaccine

Over a week ago, the author of Rich dad, poor dad, Robert Kiyosaki, said that Bitcoin would crash when a COVID 19 vaccine would be approved. Many people caught up the narrative, based on the assumption that Bitcoin is used as a safe-have asst and would go don once the market sentiments improve. 

ChainLink Price Analysis: LINK sees a 23% price bounce and it’s eying up $10

LINK price has been rejected from the 12-EMA several times now. The most recent bounce happened at $7.31, a level close to the crucial support level of $7. LINK is trading at $8.8 after a slight rejection from $9. 

Cardano Price Analysis: ADA flashes buy signal in 12-hour chart

IOHK, the company responsible for Cardano’s development, had announced a $250,000 fund to encourage on-chain development earlier this month. It is hoped that this fund will bolster growth as Cardano makes way for its next stage - Voltaire. 

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Ripple CEO takes the moral high ground around politics, while XRP struggles to break out

Brad Garlinghouse, Ripple CEO, has recently stated that tech companies have an obligation to solve societal problems. Garlinghouse was responding to comments made by Coinbase CEO Brian Armstrong, who caused a massive wave of criticism due to his remarks about not engaging in social and political issues. 

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Cardano Price Prediction: ADA poised for a steep correction despite the current uptrend

Cardano had a notable slip from $0.11 to a low of $0.101 on October 19, before finally recovering two days later. Unfortunately, it seems that the digital asset has crashed again, breaking the last support level established on October 19. 

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Uniswap Price Prediction: UNI flashes buy signal targeting $3.3 in the short-term

Uniswap continues trading in a downtrend and inside the daily descending parallel channel. The digital asset is slowly approaching the bottom at $2.7 while bulls try to push it above the upper trendline. 

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Bitcoin Price Analysis: BTC poised for small correction before a major run to $15,000

Bitcoin (BTC) has settled above $13,000; however, further growth seems to be limited. The pioneer digital coin hit the recent high of $13,361 on October 25 and retreated to $13,110 by the time of writing. 

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Bitcoin Weekly Forecast: Bitcoin goes up as some of the world's largest currencies go down

While investors are waiting for BTC to retest all-time highs and shoot to the moon, it is already there. In some countries, the pioneer digital asset surpassed the peak of 2017 and hit new historic highs in local currencies.

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