Cryptocurrencies Price Prediction: Ethereum Classic, Uniswab & VeChain — Asian Wrap 08 Oct

FXStreet Team FXStreet

Ethereum Classic Price Prediction: ETC buyers target $70

Ethereum Classic price has made substantial gains over the past nine trade days, increasing by almost 25%. However, an understandable and expected pause in bullish momentum could entice more buyers to enter the market if Ethereum Classic maintains its current value area.

Uniswap targets $36 first before UNI makes new all-time highs

Uniswap price is positioned for an imminent breakout. But in what direction, that remains to be seen. There are an overwhelming amount of mixed signals that could yield weight to any bullish or bearish bias. However, given Bitcoin’s recent momentum, a breakout higher is the more near-term scenario.

VeChain smacked lower as VET looks to resume selling towards $0.09

VeChain price has an extremely favorable setup on its $0.002/3-box reversal Point and Figure Chart. The implied target area from a breakout is a 4.75:1 reward to risk ratio, representing one of the best bullish opportunities in the altcoin space.

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FXStreet Team

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Top 3 Price Prediction: BTC recovers, Ethereum clings to support, XRP consolidates

Bitcoin, Ethereum and Ripple begin the week on a steadier footing after correcting by nearly 4%, 2%, and 6% respectively, in the previous week. BTC is attempting a modest recovery, trading above $64,500 on Monday, while ETH continues to defend the crucial $1,700 support level.

Aave founder outlines plan to bring multi-trillion-dollar securities market onchain with V4

Lending protocol Aave founder Stani Kulechov revealed a proposal to bring the multi-trillion-dollar securities market onto blockchain infrastructure, according to a blog post on Friday.

Ethereum Price Forecast: Impending funding crisis could put Ethereum at risk

Ethereum developers could face a "slow-burning funding crisis" in the coming months following the depletion of the Ethereum Foundation treasury and the expiration of the Client Incentive Program, according to former EF contributor Trent VanEpps.

Bitcoin's weakening sell pressure hints at possible market bottom — CryptoQuant

Bitcoin (BTC) may be approaching the final stages of its current correction as selling pressure eases, according to a CryptoQuant report on Thursday. The report noted that the current phase of realized losses differs significantly from the first major sell-off earlier this year. The data suggests that many panic sellers may have already exited the market.

Bitcoin: Recovery hopes fade after the Fed spoils the party

Bitcoin (BTC) is set to end the week in the red, trading near the 200-Week Simple Moving Average (SMA) at around $62,300 on Friday. Institutional selling persists, capping BTC’s recovery as spot Exchange Traded Funds (ETFs) point to a sixth consecutive week of outflows.