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Cryptocurrencies Price Prediction: Uniswap, Binance Coin and Ethereum – European Wrap 23 February

Uniswap price sees traders sustaining upward momentum, UNI heading for $7.82 due to upside break

Uniswap (UNI) price saw bulls falling out of the boat as price action started dropping further below the ascending trend channel marked up on the charts. Bulls returned near the end of the US trading session though and kept their act together. The dust needs to settle first with the publication of the Fed minutes before bulls can advance and take out $7.82 to the upside.

UNI/USD daily chart

Binance’s billion dollar purchase of Voyager could be unlawful according to US regulators: How will BNB react?

US financial regulators have opposed crypto exchange Binance’s purchase of defunct crypto lender Voyager, arguing amongst other things that Binance may not have enough money to reimburse Voyager’s creditors. 

BNB/USDT price chart

Ethereum Price Prediction: ETH ICO whale moves $8.3 million worth tokens, $1,800 next target for bulls?

Ethereum price is in limbo as it hovers below the midpoint of a recent downswing. Depending on how ETH produces a four-hour or a daily candlestick close relative to this level, ETH will either trigger a minor run-up or continue its descent. But until then, the smart contract token shows no discernible directional bias. 

ETH/USDT 4-hour 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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