|

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

Author

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.

More from FXStreet Team
Share:

Editor's Picks

Crypto Overview: Bitcoin stabilizes above $65,000, as Zcash and Worldcoin lead broader recovery

Bitcoin shows signs of recovery, trading above $65,000 on Monday, as the broader crypto market rebounds, fueled by improving sentiment following the United States (US) and Iran's confirmation of a preliminary peace agreement.

Crypto Today: Bitcoin, Ethereum, XRP recovery gathers strength as US-Iran reach peace agreement

Cryptocurrency prices remain broadly elevated on Monday, led by Bitcoin’s upswing toward $66,000. Altcoins, including Ethereum and Ripple, mirror Bitcoin’s momentum, trading above $1,700 and $1.18.

Bitcoin extends rebound as US and Iran reach framework deal to end the war

Bitcoin steadies above $65,700 at the time of writing on Monday, after recovering nearly 4% in the previous week. BTC recovery was boosted following Sunday’s news that the US and Iran have reached a preliminary peace deal, lifting the risk appetite.

Pi Network Price Forecast: Launchpad upgrades, fading bearish pressure lift recovery prospects

Pi Network (PI) began the week on a positive note, trading above $0.1340 on Monday after posting a mild recovery and closing above a key resistance in the previous week.

Experts agree: Bitcoin nears bottom, but weak demand raises doubts
Bitcoin (BTC) is trading above $63,000 at the time of writing on Friday after rebounding from the key 200-week Simple Moving Average (SMA) near $62,000, a level widely viewed as key long-term support. The recovery may suggest that Bitcoin has found a floor after a sharp correction that spanned more than a month, but some warning signs persist.