Cryptocurrencies Price Prediction: Bitcoin, Ethereum and Uniswap – European Wrap 22 January


Bitcoin back to the drawing board, as bull run targets $40,000

It was bloodshed in the cryptocurrency market on Thursday and the Asian session on Friday. The majority of crypto assets plummeted from their weekly peaks, cutting short plans to rally to new record highs. Ethereum, for instance, plunged to $1,000, temporarily abandoning the mission to hit new record highs. Read more...

 

BTC/USD 4-hour chart

 

ETH defends crucial support, bull run to new record high seems intact

Ethereum tumbled in tandem with Bitcoin on Thursdays and the wee hours of Friday morning. Bitcoin brushed shoulders with $30,000 before resuming the uptrend. Read more...

 

ETH/USD 4-hour chart

UNI prepares to explode to $10 on breaking this crucial hurdle

Uniswap was not spared by the bearish wave which swept across the cryptocurrency market on Thursday. Declines extended from the $10 war zone to the confirmed support area at $7. However, the leading decentralized finance token did not stay down for long, as bulls quickly regained control, pushing UNI above $8. Read more...

 

UNI/USD 4-hour chart

 

 

 

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Cardano plan for new all-time high is clear

Cardano has established a new all-time high of $1.55 on April 14 and bulls aim for more now. The digital asset had a significant breakout from a key pattern but still faces a significant resistance barrier ahead, according to on-chain metrics.

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Enjin Coin on track for 20% gains

Enjin Coin price is trading around the middle line of an ascending parallel channel. A bounce from the demand zone ranging from $2.92 to $2.46 signals a continuation of the upswing to $3.59. If ENJ slices through the supply barrier at $3.59, an additional 10% upswing will push it to $3.98.

More Enjin Coin News

VeChain shows mixed signals amid market weakness

VeChain just recently formed a new all-time high of $0.189 on April 15 after a massive rally in April. The digital asset had a brief consolidation period in the last 24 hours but could be aiming for the next leg up soon. 

More VeChain News

Binance on verge of 25% upswing

Binance Coin price has been outperforming the entire market for the past two months, reaching a market capitalization of $90 billion. Many analysts believe BNB could even overtake Ethereum, which stands at a $280 billion market cap. 

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Bitcoin Weekly Forecast: Institutional wave of BTC adoption follows new all-time highs

Bitcoin price hitting a new all-time high and Coinbase’s direct listing are perhaps two of the most important developments surrounding the pioneer cryptocurrency over the past week.

Read the weekly forecast

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