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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Cardano holds steady as bulls intensify push for breakout

Cardano rises above the 50-day EMA resistance amid a risk-on mood across the crypto market. The MACD upholds positive divergence, increasing the potential for a 20% breakout to $0.505.

XRP poised for breakout as ETF inflows and bullish momentum align

Ripple is showing strength, trading at $2.36 at the time of writing on Tuesday. The cross-border remittance token has maintained a steady uptrend for six consecutive days, underscoring steady inflows into XRP spot Exchange Traded Funds.

Crypto Today: Bitcoin, Ethereum, XRP uptrend cools amid surging ETF inflows

Bitcoin is retracing toward support at $93,000 at the time of writing on Tuesday, after reaching a previous day’s high of $94,789. Ethereum and Ripple uptrend has cooled after several days of persistent gains, suggesting potential profit-taking.

Bitcoin holds above $93,000 as ETF inflows continue and Strategy boosts holdings

Bitcoin price trades around $93,000 at the time of writing on Tuesday, pausing near a key resistance zone after its recent advance. Institutional demand remains supportive, with US-listed spot ETFs recording their largest single-day inflow since early October.

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Bitcoin: Fed delivers, yet fails to impress BTC traders

Bitcoin (BTC) continues de trade within the recent consolidation phase, hovering around $92,000 at the time of writing on Friday, as investors digest the Federal Reserve’s (Fed) cautious December rate cut and its implications for risk assets.

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