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Cryptocurrencies Price Prediction: Shiba Inu, Uniswap & Axie Infinity – European Wrap 03 January [Video]

Cryptocurrencies Price Prediction: Shiba Inu, Uniswap & Axie Infinity – European Wrap 03 January [Video]
FXStreet TeamFXStreet TeamFXStreet

Shiba Inu price presents a buying opportunity before SHIB rallies 30%

Shiba Inu price has been on a sideways movement after its recent run-up. Moreover, this consolidation comes after a retracement that puts SHIB in a deep discount mode, ready for a reversal.

SHIB/USDT 4-hour chart
SHIB/USDT 4-hour chart

Uniswap price to rally 20% as UNI takes another jab at massive resistance barrier

Uniswap price has bounced off a crucial barrier, suggesting an uptrend is likely. This run-up, however, faces a confluence of resistance barriers, revealing that the upside for UNI is capped.

UNI/USDT 1-day chart
UNI/USDT 1-day chart

AXS prepares for a 20% lift-off

Axie Infinity price has set up a bullish reversal bottom and shows signs of an emerging uptrend. If the buyers band together, it could trigger an uptrend that will allow AXS to slice through the recent swing high. This run-up will allow the altcoin to collect the buy-stop liquidity resting above the recently erected swing highs.

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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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