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Cryptocurrencies Price Prediction: Doge Coin, Bitcoin & Uniswap — Asian Wrap 22 December

Dogecoin Price Forecast: Why investors should zoom out and consider the monthly narrative

Dogecoin price continues to display bearish technicals. Traders may want to zoom out to larger timeframes and consider DOGE’s bearish macro potential. Dogecoin price is wreaking havoc on the risk-taking bulls who entered the market this year.

Bitcoin miner Core Scientific files for Chapter 11 bankruptcy as share value declines by 98%

Following the collapse of FTX, the crypto market’s winter extended, resulting in many companies suffering unparalleled losses. Joining the list is one of the biggest Bitcoin mining companies, Core Scientific, whose ruination impacted the hash rate of the largest cryptocurrency network.

Uniswap Price Prediction: The alternative scenario investors should be aware of

Uniswap price is down 8% since the start of December and 87% since all-time highs. UNI could fall another 50% into a critical level if the crypto market heads further south. A breach above $6.23 is needed to consider aiming for bullish target

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Crypto Today: Bitcoin, Ethereum, XRP pare gains despite increasing hopes of upcoming Fed rate cut

Bitcoin (BTC) is steadying above $91,000 at the time of writing on Friday. Resistance at $94,150 capped recovery on Wednesday, but in the meantime, bulls have contained downside risks above $90,000. 

Ethereum strengthens against BTC post-Fusaka, targeting $3,200 breakout

Ethereum trades above $3,100 on Friday, with bulls aiming for a breakout above a two-month-old resistance trendline. Ethereum gains strength against Bitcoin as demand for the major altcoin increases after the Fusaka upgrade.

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Crypto Today: Bitcoin, Ethereum, XRP pare gains despite increasing hopes of upcoming Fed rate cut

Bitcoin (BTC) is steadying above $91,000 at the time of writing on Friday. Resistance at $94,150 capped recovery on Wednesday, but in the meantime, bulls have contained downside risks above $90,000.