|

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

zones.

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

XRP extends recovery as on-chain activity grows
Ripple (XRP) ticks up and trades around $1.13 at the time of writing on Tuesday. This rebound aligns with a broader recovery in the cryptocurrency market, attributed to reports that mediators between the United States (US) and Iran are seeking a 10-day cessation of strikes to find a way back to the signed Memorandum of Understanding (MoU).
Ethereum Price Forecast: ETH continues July uptrend with 20% rise after triggering buy signal
Ethereum (ETH) has gained 3% on Tuesday, extending its July gains above 20% after key on-chain indicators highlighted a resumption of buying activity. The strong performance so far in July comes a few days after ETH triggered the Market Value to Realized Value (MVRV) Buy signal. ETH has been up by roughly 22% since the signal.
Chainlink becomes top 20 best performer, 3 reasons behind the move
Chainlink (LINK) has become the best-performing asset in the top 20 this week, leading every other major cryptocurrency. The cryptocurrency jumped 10.18% to $8.71, its highest level since early June. Three major factors explain the double-digit rise over the past week.
Crypto Today: Bitcoin, Ethereum, XRP extend rebound amid returning institutional capital inflows
Cryptocurrency prices extend a broad recovery, led by Bitcoin (BTC), trading above $66,000 at the time of writing on Tuesday. Ethereum (ETH) remains bullish above $1,940, after logging four straight days of gains. Meanwhile, Ripple (XRP) hovers around $1.13, building on the reclaimed $1.10 critical level.
Bitcoin’s potential recovery in the second half hinges on these 4 catalysts
Bitcoin (BTC) has fallen over 34% in the first half of this year as the King Crypto failed to capitalize on a good semester for risk assets despite the woes from the Iran war.