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


Share:

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


Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers. The author will not be held responsible for information that is found at the end of links posted on this page.

If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.

FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.

The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.

Join Telegram

Follow us on Telegram

Stay updated of all the news

Join Telegram

Recommended content


Follow us on Telegram

Stay updated of all the news

Join Telegram

Recommended Content

Editors’ Picks

Ethereum price scrapes $3,000 psychological threshold after 20 months, inspiring conjecture on altseason

Ethereum price scrapes $3,000 psychological threshold after 20 months, inspiring conjecture on altseason

Ethereum price has managed to test a crucial milestone for the first time in months, which is a remarkable show of strength considering Bitcoin price has hinted at a fall. This means that Ether has managed to sidestep the BTC cue.

More Ethereum News

VanEck spot BTC ETF trading volume inspires strength in Bitcoin price

VanEck spot BTC ETF trading volume inspires strength in Bitcoin price

VanEck spot BTC ETF, HODL, went parabolic on Tuesday, soaring 14X in a day. With over $258 million in trading volume today, HODL boasts a 60X product average with 32,000 individual trades. WisdomTree’s BTCW and BlackRock’s IBIT are also making headlines with skyrocketing trading volumes.

More Cryptocurrencies News

Bitcoin Price Prediction: $160 million long positions liquidated as BTC slips 2%

Bitcoin Price Prediction: $160 million long positions liquidated as BTC slips 2%

Bitcoin price has extended a leg south after trading within a range for days. While the move has harmed multiple traders, it is the first sign that the next directional bias may be finally ready to show. 

More Bitcoin News

Worldcoin price crashes 10% as AI narrative fades

Worldcoin price crashes 10% as AI narrative fades

Worldcoin (WLD) price was one of the AI tokens that benefitted the most from sector hype in February, rallying almost 270%. However, as the theme is now priced in, WLD holders appear to be booking profits en masse.

More Worldcoin News

Bitcoin: BTC eyes $60,000 but correction looms

Bitcoin: BTC eyes $60,000 but correction looms

BTC has been moving up only since January 22 but could slip into a consolidation before the next leg up. With the rate at which BTC is climbing after the ETF approval, coupled with strong fundamentals, investors should consider buying the dips before BTC hits $60,000.

Read full analysis

BTC

ETH

XRP