|

Cryptocurrencies Price Prediction: Ethereum, NEO and Uniswap – European Wrap 21 September

Ethereum Price Prediction: ETH on the cusp of a rally for $420

Ethereum traded within a whisker of $490 at the beginning of September. However, the trading in the last couple of weeks has mainly been lethargic, chiefly regarding recovery. Ether refreshed lows of $310 on September 5 before embarking on a recovery mission. On the upside, gains have hit highs above $390 on several occasions, but the resistance at $400 has not wavered, not even slightly. Support at $360 has also been confirmed in multiple instances. In the meantime, Ethereum is trading at $374 amid the pivotal price action at $380. Read more ...

ETH/USD price chart

NEO Price Forecast: NEO gets ready for turbulence ahead of mainnet update

NEO is the 16th largest digital asset with the current market capitalization of $1.77 billion and an average daily trading volume of $1.2 billion, mostly in line with the current values. NEO/USD topped at $25.89 and retreated to the recent low of $22.76 on Sunday, September 20. At the time of writing, the coin is changing hands at $24.89. Despite the recovery, it is still down over 4% on a day-to-day basis. Read more ...

NEO/USD

Uniswap Price Forecast: UNI ready for a bullish assault, once $5.7 is cleared

UNI, the native token of a popular DeFi project Uniswap, rebounded from the support of $4.7 to trade above $5.5 during early Asian hours. By the time of writing, the token retreated to $4.9; however, the short-term technical picture implies that the downside correction from the historical high may be coming to an end. Let's have a closer look at the technical indicators and on-chain metrics to see if the coin is ready to resume its upside quest. Read more ...

UNI/USD

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

Ripple extends losses as derivatives interest cools

Ripple (XRP) extends its bearish roll near $1.12 support on Friday, reflecting intense headwinds in the broader crypto market largely attributable to macroeconomic pressure.

Crypto Today: Bitcoin, Ethereum, XRP weaken further as capital outflows persist

Macroeconomic headwinds continue to weigh heavily on the cryptocurrency market on Friday, prompting major assets like Bitcoin (BTC) to pare earlier gains and extend losses after June’s brief relief rally.

Bitcoin Weekly Forecast: Recovery hopes fade after the Fed spoils the party

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

Sui risks a deeper bearish leg despite on-chain resilience

Sui is down 2% on Friday, extending its decline toward the recent support leg formed at $0.6618. The Total Value Locked in the Sui ecosystem has stabilized around 600 million SUI tokens, reflecting resilient user demand.

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.