|

Cryptocurrencies Price Prediction: Bitcoin, UniSwap and Bitcoin Cash – European Wrap 9 October

Top 3 Price Prediction Bitcoin, Ethereum, Ripple: Ready for a new bullish cycle in the cryptomarket

Major cryptocurrencies have traded in uncertainty since the begriming of the week. However, as the weekend is ushered in, volatility could make its way to the digital space. Already, most cryptocurrencies have been trading slightly in the green led by Bitcoin's short-lived spike to $11,000. As discussed earlier, chainlink (LINK) and UniSwap (UNI) followed in BTC's footsteps and accrued substantial gains. The uncertainly and the sluggish trading is expected to culminate in a perfect squeeze, paving the way for widespread improvements in the market. Read More ...

BTC/USD price chart

UniSwap Technical Analysis: UNI on the cusp of a major reversal

UniSwap has lost over 60% of its value since its all-time high of $8.6. The token received immense support after the launch in September but failed to sustain the uptrend, mainly due to decreasing liquidity. Nonetheless, the extended breakdown recently approached a bottom around $2.5, as reported. A reversal ensued from this level, with the price making a remarkable upswing. At the time of writing, UNI is trading at $3.24, following a rejection at $3.5. Read more ...

UNI/USD price chart

Bitcoin Cash Price Prediction: BCH aims for $300 if this resistance zone breaks – Confluence Detector

BCH has managed to pack together four consecutive bullish sessions in the 12-hour price chart. The price was going through a consolidation period prior to the breakout, as seen by the squeezing of the Bollinger band.  Read more ...

BCH/USD daily chart

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

Cardano Price Forecast: ADA capped at $0.20 warns of over 15% downside

Cardano price is trading in the red on Wednesday, reversing after the recent 25% recovery was capped at $0.2000 the previous day. Speculative demand in ADA futures is easing, with Open Interest and funding rates declining. The technical outlook is mildly bearish, hinting at a pullback toward the 50-day Exponential Moving Average at $0.1761.

Crypto Overview: Bitcoin steadies above $64,000 – PUMP, ZEC sustain gains

Bitcoin price edges above $64,000 at press time on Wednesday, heading toward its 50-day Exponential Moving Average at $64,652. Meanwhile, Pump.fun and Zcash sustain gains after a rebound on Tuesday, with bulls eyeing further upside.

Aave founder revolts against proposal to cap Ethereum staking incentives at 50% of supply​

Ethereum community members have pushed back against a new proposal that seeks to change the network's staking issuance policy by gradually reducing staking rewards as the number of staked ETH approaches 50% of total supply.

Ethereum Price Forecast: ETH holds steady below $1,900 as retail distribution rises
Ethereum (ETH) continued trading flat on Tuesday following modestly increasing exchange net flows and continued distribution across retail wallets. Ethereum on-chain data shows mixed sentiment across several wallet cohorts.
Bitcoin: Bulls hold the line
Bitcoin (BTC) edges slightly lower, trading at $64,300 at the time of writing on Friday but holding firmly above a key support zone. US-listed spot Bitcoin Exchange Traded Funds (ETFs) support BTC as they continued to attract institutional flows through Thursday, pointing to the fourth consecutive week of net inflows.