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

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

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

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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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Ripple recovery lacks momentum as bulls defend $1.00 support

Ripple recovery lacks momentum as bulls defend $1.00 support

Ripple maintains a bearish outlook while trading above its immediate $1.00 support on Thursday. The remittance token has sustained a steady decline from the July high of $1.18, underpinning reduced demand and the lack of catalysts to sustain recovery.

Crypto Today: Bitcoin, Ethereum, XRP remain sluggish amid mixed ETF flows

Crypto Today: Bitcoin, Ethereum, XRP remain sluggish amid mixed ETF flows

The cryptocurrency market continues to trade sideways on Thursday, with Bitcoin struggling to reclaim the $64,000 level. Ethereum is attempting to build momentum near the key $1,900 resistance, while Ripple maintains support above $1.00, yet upward movement remains limited.

Bitcoin faces thin liquidity and missing demand amid seller stress — Glassnode

Bitcoin faces thin liquidity and missing demand amid seller stress — Glassnode

Bitcoin is showing signs of growing market exhaustion, with weakening liquidity and subdued demand leaving the market vulnerable to a sharp move, according to a Glassnode report on Wednesday. The firm stated that Bitcoin is trading between two important cost-basis levels as market activity has fallen to its lowest point since 2019.

Bitcoin shows early signs of bottom despite lingering market stress

Bitcoin shows early signs of bottom despite lingering market stress

Bitcoin (BTC) is showing several signs of a potential market bottom as multiple indicators show improving market conditions, according to CryptoQuant analysts. CryptoQuant data revealed that Bitcoin has produced a second early bull signal, a pattern that has historically appeared closer to market bottoms.
Bitcoin: Can bulls weather the market uncertainty?

Bitcoin: Can bulls weather the market uncertainty?

Bitcoin (BTC) remains resilient, trading above $65,000 on Friday, with bulls defending key support despite cautious market sentiment. US-listed spot Bitcoin Exchange-Traded Funds (ETFs) showed strong inflows through Thursday, pointing to renewed institutional demand.