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Cryptocurrencies Price Prediction: Luna Classic, Fantom & Uniswap — Asian Wrap 16 February

Cryptocurrencies Price Prediction: Luna Classic, Fantom & Uniswap — Asian Wrap 16 February
FXStreet TeamFXStreet TeamFXStreet

Luna Classic Price Prediction: Bulls setting up for another leg up

Luna classic price displays applaudable retaliation signals following last week's 10% decline. Traders should keep a close eye on LUNC as a potential swing trade could present itself in the coming days.

Fantom Price Prediction: Newfound momentum suggests FTM is on its way to $1

Fantom price displays strong bullish-retaliation signals. Traders should keep their eye on the smart contract token as it seems poised to rally considerably.

Uniswap Price Prediction: Bullish divergences to catalyze the next rally

Uniswap price shows bullish cues after experiencing the largest sell-off in 2023 last week. Traders should watch the UNI price closely to participate in the next volatile price movement.

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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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XRP extends breakout as ETF inflows, futures demand drive momentum

XRP extends breakout as ETF inflows, futures demand drive momentum

Ripple rises on Friday to trade above $1.40 as bulls aim for a continuation of the rally above $1.50. The remittance token is up by more than 12% on the day and over 40% since Monday, reinforcing the bullish outlook.

Bitcoin Weekly Forecast: The US Treasury saves BTC

Bitcoin Weekly Forecast: The US Treasury saves BTC

Bitcoin extends gains, trading above $77,000 on Friday after rallying over 20% and reaching its highest level since mid-May. Crypto markets continue to cheer the US Treasury’s decision to double its debt buyback operations, posting their 7th-largest liquidation event in history.

Chainlink hits seven-month highs amid strong DeFi, institutional demand

Chainlink hits seven-month highs amid strong DeFi, institutional demand

Chainlink is up roughly 8% on Friday, pushing the price up over 20% so far this week into double digits. DeFi ecosystem records daily DEX volume of over $9 billion for three consecutive days as TVL rises to $84.76 billion.

Crypto Today: Bitcoin, Ethereum, XRP bulls accelerate rally amid rising ETF inflows

Crypto Today: Bitcoin, Ethereum, XRP bulls accelerate rally amid rising ETF inflows

The cryptocurrency market remains bullish on Friday, led by Bitcoin’s surge above $77,000. Altcoins, including Ethereum and Ripple, mirror BTC’s positive outlook, trading near $2,400 and $1.35, respectively.

Bitcoin: The US Treasury saves BTC

Bitcoin: The US Treasury saves BTC

Bitcoin extends gains, trading above $77,000 on Friday after rallying over 20% and reaching its highest level since mid-May. Crypto markets continue to cheer the US Treasury’s decision to double its debt buyback operations, posting their 7th-largest liquidation event in history.