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Cryptocurrencies Price Prediction: Polkadot, Uniswap and Terra Luna Classic – European Wrap 2 March

Polkadot Price Prediction: Losses could be contained at 10% this week, though bigger issues lay ahead

Polkadot (DOT) price action is giving a firm warning to traders and investors who are in it for the longer term. Defining longer-term means at least a few weeks to a few months instead of intraday trading. The famous Golden Cross was almost set to materialize and trigger a bullish wave of demand, ramping up price action, butut that might not happen after this week.

DOT/USD weekly chart

Uniswap Price Prediction: UNI bulls hold trenches to defend rally, but is 17% gain inevitable?

Uniswap (UNI) is showing signs of fatigue over a longer and broader term. Overall, cryptocurrencies are taking a step back, and unfortunately alt-currencies are even outpacing cryptocurrencies in that same decline. The decline comes at a very bad moment as price action resides at a crucial point that could confirm the future of the rally for 2023.

UNI/USD weekly chart

Terra Luna Classic Price Prediction: LUNC holders need to play the long game for 30% gains

Terra Luna Classic price continues to wring out the volatility as it tightens between two high timeframe barriers. This rangebound movement is likely to provide a good accumulation opportunity before it explodes higher.

LUNC/USDT 1-day chart

 

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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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