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Cryptocurrencies Price Prediction: Bitcoin, UniSwap and SUSHI – European Wrap 24 September

Top 3 Coins Price Prediction Bitcoin, Ethereum and XRP: Bulls hold at threshold, ready for takeoff

The cryptocurrency market has had an eventful week, with most actions resulting in losses. The bleeding was not selective; hence major cryptos, altcoins and decentralized finance (DeFi) tokens explored levels below key support areas. According to the data provided by CoinMarketCap, the cryptocurrency market has lost about $27 billion of the total capitalization since September 21. Many analysts believe that cryptocurrencies led by their king, Bitcoin are ready to rebound and correct the downtrend printed in the last few days. Read more ...

BTC/USD price chart

UniSwap Price Analysis: UNI rebounds from the dip, bulls aim higher

The decentralized finance (DeFi) tokens have retreated extensively in the past few weeks. However, the story is a bit different when it comes to the newly-launched UNI token, and perhaps it’s because it has only been in the market for a few days. UNI commenced trading on Binance around $0.25 on September 17. Later the price rallied to highs of $8.64. However, selling pressure gripped the token, resulting in losses that embraced support at $3.65. Read more ...

UNI/USD price chart

DeFi is not ready for mass adoption as it is too risky and complicated - Gartner reports

Decentralized finance is a new trend with big promises. The idea is beautiful in its simplicity: to upgrade the outdated financial services by ousting intermediaries and transferring their functions to algorithms and chunks fo computer code. Read more ...

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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.

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Bitcoin Weekly Forecast: BTC retreats as macro headwinds grow
Bitcoin (BTC) remains under pressure, down over 4% this week and trading around $76,900 at the time of writing on Friday. Institutional demand shows signs of weakness as spot BTC Exchange Traded Funds (ETFs) are on track to end their three-week inflow streak, recording nearly $500 million in net outflows through Thursday.
XRP falls toward key support as macro uncertainty, weak momentum cap recovery
Ripple (XRP) falls below $1.33 on Friday, marking the third consecutive day of declines. The token continues to track the broader cryptocurrency market downturn, with investors closely monitoring heightened macroeconomic uncertainty ahead of the United States (US) Consumer Price Index (CPI) release and next week’s Federal Reserve (Fed) monetary policy decision.
Crypto Today: Bitcoin, Ethereum, XRP stabilize at lower levels amid ETF outflows and macroeconomic risks
The broader cryptocurrency market is rising on Friday, with Bitcoin (BTC) trading above $77,000 after testing lower support near $76,500. Ethereum (ETH) shows signs of stability, hovering above the support provided at $2,400 despite capped upside at $2,500. Meanwhile, Ripple (XRP) holds above $1.33 after three straight days of declines, reflecting growing headwinds due to macroeconomic uncertainty.
Bitcoin pulls back as another golden cross fails to deliver
Earlier this week, Bitcoin formed a golden cross, a technical signal that occurs when the price’s 50-day moving average rises above the 200-day moving average and is conventionally viewed as a precursor to a bullish rally. Historically, however, that’s often not been the case.
Bitcoin: BTC retreats as macro headwinds grow
Bitcoin (BTC) remains under pressure, down over 4% this week and trading around $76,900 at the time of writing on Friday. Institutional demand shows signs of weakness as spot BTC Exchange Traded Funds (ETFs) are on track to end their three-week inflow streak, recording nearly $500 million in net outflows through Thursday.