Cryptocurrencies Price Prediction: Bitcoin, Ethereum and Uniswap – European Wrap 2 December


Bitcoin awaits final leg to price discovery, jumpstart crypto bull run

The bellwether cryptocurrency is back to trading above $19,000. The rejection from levels close to $20,000 lost traction before hitting $18,000. Buyers took advantage of the support at the 50 Simple Moving Average on the 4-hour chart and the ascending trendline to force the ongoing reversal. Read more...

 

BTC/USD price chart

Ethereum holders take “wait and see” approach to ETH 2.0's launch, while technicals turn bearish

The launch of Ethereum 2.0 was expected to blast Ethereum towards $1,000 significantly. However, it seems that it will take longer for ETH to exchange hands at this level. The major takeaways of ETH 2.0 are the improvement of the protocol's scalability (to help bring down the too high transaction costs), efficiency, and speed. Read more...

ETH/USD weekly chart

Uniswap Price Prediction: UNI is breaking out as bulls target $4

UNI, the token of Uniswap – the largest DeFi project by the total value locked – is ready to break free from an ascending triangle pattern on a short-term time frame. At the time of writing, UNI/USD is changing hands at $3.73. The coin has recovered from the December 1 low of $3.38; however, it is still down 5.6% on a day-to-day basis. Read more...

UNI/USD 15-min chart

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Dogecoin price targets massive 50% breakout to a new all-time high

Dogecoin had a colossal 100% rally in less than two days reaching a new all-time high at $0.145. The digital asset has a ton of bullish momentum behind it and aims for a new leg up toward $0.2. 

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Chiliz Price Forecast: CHZ bulls wait for no one, target 70% gain

Chiliz price confirmed a breakout from the flag pattern on April 12 and is poised for notable gains moving forward. Speculators will find some resistance at key Fibonacci levels, but the all-time high of $0.976 is in the crosshairs.

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XRP Price Prediction: Ripple aims for significant rebound toward $2

XRP price has had an impressive 240% rally since April 3, hitting a three-year high of $1.96 and moving closer to ranking third again in terms of market capitalization, only $6 billion behind BNB at the moment. 

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AAVE, MKR, and YFI are mooning, here's where these DeFi tokens are heading next

The DeFi sector is booming again with practically all top 100 currencies in the green in the past week. Aave is leading the way, hitting a $6 billion market capitalization with Maker trying to follow its steps at $3.3 billion, a new all-time high.

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Bitcoin Weekly Forecast: SEC commissioner cozies up to BTC ETF, on-chain metrics reset making way for volatile move

Bitcoin’s mainstream adoption has soared over the last couple of months, with institutions like Visa, Goldman Sachs, Morgan Stanley, and others dipping their toes in the BTC markets. Likewise, prices look primed to advance further despite the ongoing consolidation phase.

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