Cryptocurrencies Price Prediction: Dogecoin, Bitcoin & Uniswap — Asian Wrap 27 October


Dogecoin aims for July highs with potential 10% gain amid meme coin revival

Dogecoin (DOGE) price is bullish, leading its peers in the meme coin category in an uptrend as the spillover of the Bitcoin (BTC) rally continues to bode well for altcoins. Among the meme coins that are following on the heels of DOGE are Shiba Inu (SHIB) and Floki Inu (FLOKI), with the latter boasting more than 30% gains in launch-induced hype.

US Core PCE expected to rise 0.3% on a monthly basis; Bitcoin price could drop to $31,500

Bitcoin price could witness some decline as the United States Core Price Consumption Expenditure (PCE) data is scheduled to be released by the US Bureau of Economic Analysis (BEA) on Friday. This data is the Federal Reserve's go-to inflation measure and is expected to rise this time around. 

BTC/USD 3-day chart

Uniswap price crashes 7% in two days in wake of new interface fee racking up over $500,000 in a week

Uniswap price surprised the crypto market after moving in the opposite direction of broader bullish cues. The reason behind this is likely the outcome expected of the most recent change made by the protocol's founder, Hayden Adams, last week.

UNI/USD 1-day chart


Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers. The author will not be held responsible for information that is found at the end of links posted on this page.

If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.

FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.

The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.

Join Telegram

Recommended content


Recommended Content

Editors’ Picks

VanEck launches MarketVector “MEMECOIN” index to track BONK, FLOKI, DOGE, PEPE, WIF and SHIB tokens

VanEck launches MarketVector “MEMECOIN” index to track BONK, FLOKI, DOGE, PEPE, WIF and SHIB tokens

While Bitcoin ETFs track BTC price, $90 billion asset manager VanEck has launched a separate index, christened MEMECOIN, to track the performance of the sector’s best and worst performers.

More Cryptocurrencies News

Ethereum could experience bullish run, ETH ‘ultrasound’ money narrative at risk

Ethereum could experience bullish run, ETH ‘ultrasound’ money narrative at risk

Ethereum price action on Wednesday shows it could be gathering momentum for a rally as a recent report from CryptoQuant reveals its ultrasound money narrative is at risk. 

More Ethereum News

President Biden threatens crypto with possible veto of Bitcoin custody among trusted custodians

President Biden threatens crypto with possible veto of Bitcoin custody among trusted custodians

Joe Biden could veto legislation that would allow regulated financial institutions to custody Bitcoin and crypto. Biden administration’s stance would disrupt US SEC’s work to protect crypto market investors and efforts to safeguard broader financial system.

More Cryptocurrencies News

AI tokens could rally following growth in NVIDIA's stock

AI tokens could rally following growth in NVIDIA's stock

While some predicted the Bitcoin halving would be the breaking point for a new bull cycle, a recent rally in AI tokens could see them lead the altcoin season. The continuous integration of AI-backed tokens has increased awareness of the possibilities that await the general blockchain ecosystem with them on board.

More Cryptocurrencies News

Bitcoin: Should you buy BTC here? Premium

Bitcoin: Should you buy BTC here?

Bitcoin (BTC) price shows signs of a potential reversal but lacks confirmation, which has divided the investor community into two – those who are buying the dips and those who are expecting a further correction.

Read full analysis

BTC

ETH

XRP