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Cryptocurrencies Price Prediction: Shiba Inu, Chainlink & Uniswap — Asian Wrap 17 October

Shiba Inu price rises 6% as SHIB pivots to the lower mean threshold

Shiba Inu (SHIB) price is pulling north, in an attempted recovery rally after a steep fall. It comes as the broader market continues to navigate volatility resulting from the Spot Bitcoin exchange-traded fund (ETF) mania.

Chainlink price could reclaim its failed 5% rally as whales add 5 million LINK in a week

Chainlink price has a rather likely optimistic outcome even though the broader market cues may not be supporting it. This is because the investors, particularly the cohort of LINK holders that hold the most dominance over the circulating supply, are in support of the altcoin.

LINK/USD 1-day chart

Uniswap Price Prediction: Could UNI crash as founder faces backlash for introducing new swap fees?

Uniswap price has marked some increase in the last few days, but the broader sentiment still remains rather bearish for the altcoin. To make things worse, the community did not seem to be on board with the protocol’s founder’s new swap fees idea.

UNI/USD 1-day chart

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Crypto Today: Bitcoin, Ethereum, XRP pare gains despite increasing hopes of upcoming Fed rate cut

Bitcoin (BTC) is steadying above $91,000 at the time of writing on Friday. Resistance at $94,150 capped recovery on Wednesday, but in the meantime, bulls have contained downside risks above $90,000.