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Cryptocurrencies Price Prediction: Cryptos, LINK & Uniswap – American Wrap 27 April

PCE Preview: Crypto market outlook around US Personal Consumer Expenditures release

The Department of Commerce is expected to release the Personal Consumption Expenditures (PCE) data for March on Friday April 28 at 12:30 GMT. The PCE data is popular for representing evolving inflation in the US and its relation to the changes in consumer behavior. This makes it a crucial factor in the Federal Reserve’s decision-making process in estimating inflation rate in the US economy.
Chainlink price is in the weeds struggling to post a decent recovery due to the mixed signals coming from investors. But as some investors continue to exhibit issues at this stage, it would have been difficult for the project to survive had they chosen to leave the cryptocurrency network two years ago.
Chainlink All time highers
Uniswap (UNI) price is a perfect example of the walk of life. It is never a straight line, and sometimes some quirky bends and hiccups along the way make us deviate from our path. It is a similar life lesson for Uniswap price as bulls deviated from their rally and are now trying to get back on the right trajectory after a misstep.
UNI/USD  4H-chart    
 

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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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NEAR Protocol Price Forecast: NEAR risks further decline as bearish signals mount

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Ripple and Stellar outlook: XRP and XLM extend losses as bears hold strong

Ripple and Stellar remain under pressure, trading below $1.093 and around $0.146 respectively on Tuesday as bears maintain control of momentum. In addition, weakening on-chain and derivatives metrics suggest that both XRP and XLM are at risk of a deeper correction in the coming days. CryptoQuant’s summary data shows a bearish outlook for both altcoins.

Ripple and Stellar outlook: XRP and XLM extend losses as bears hold strong
Ripple (XRP) and Stellar (XLM) remain under pressure, trading below $1.093 and around $0.146 respectively on Tuesday as bears maintain control of momentum. In addition, weakening on-chain and derivatives metrics suggest that both XRP and XLM are at risk of a deeper correction in the coming days. CryptoQuant’s summary data shows a bearish outlook for both altcoins.
Bitcoin: Bears tighten grip as BTC eyes fifth weekly loss
Bitcoin (BTC) remains under pressure, down over 3% this week, trading near $75,500 on Friday and heading for its fifth straight weekly loss. Persistent outflows from US-listed BTC spot Exchange Traded Funds (ETFs), a sharp sell-off in US technology stocks, and rising market liquidations are weighing on sentiment and limiting Crypto King’s recovery attempts.