Cryptocurrencies Price Prediction: Maker, Cardano & Litecoin – American Wrap 1 October


Maker Price Prediction: MKR’s utility explodes, kick-starting a massive rally aiming for $700

Maker is up over 30% in the last seven days and 15% in the previous 24 hours. The token is the second-largest in terms of value locked in the decentralized finance (DeFi) ecosystem. At the moment, Maker boasts of $1.9 billion in total value locked. It comes second after UniSwap, with $2.2 billion. Meanwhile, Maker is doddering at $588 amid a bullish building momentum. The biggest question is, does Maker have what it takes to continue going up?

Cardano Price Analysis: ADA prepares to breakout as fundamentals turn bullish

Cardano's ADA had been range-bound with the bullish bias recently; however, the digital asset may be ready to resume the recovery amid the steady flow of positive fundamental developments.

Litecoin prepares for Mimblewimble privacy launch, but investors raise concerns

Mimblewimble is a protocol designed to achieve various improvements like greater scalability or privacy. The founder of Litecoin, Charlie Lee, has been designing a Mimblewimble add-on block for quite some time. The initial testnet launch was set for September 30.

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China prohibits units and individuals from creating and selling cryptocurrencies

The new draft of legal comments clearly states that no individual or unit can produce or sell tokens to replace CNY in circulation in the market. The violation of this law will have severe consequences according to the draft.

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Uniswap Price Prediction: UNI needs to crack $3.1 for a massive price explosion

Uniswap has been in a downtrend for several weeks now while bulls attempt to see any kind of rebound. The digital asset seems to be facing a crucial resistance point. Let’s take a look at several indicators and patterns to determine the direction of the price.

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Bitcoin Weekly Forecast: Bitcoin goes up as some of the world's largest currencies go down

While investors are waiting for BTC to retest all-time highs and shoot to the moon, it is already there. In some countries, the pioneer digital asset surpassed the peak of 2017 and hit new historic highs in local currencies.

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Yearn.Finance Price Prediction: YFI looks poised for a breakout towards $20,000

YFI has been trading inside a massive downtrend since September 12 and formed a head and shoulders pattern that broke bearishly. After losing close to 70% of its value over one month, the digital asset seems ready for a massive rebound. 

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Bitcoin Weekly Forecast: Bitcoin goes up as some of the world's largest currencies go down

While investors are waiting for BTC to retest all-time highs and shoot to the moon, it is already there. In some countries, the pioneer digital asset surpassed the peak of 2017 and hit new historic highs in local currencies.

Read the weekly forecast

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