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Cryptocurrencies Price Prediction: Uniswap, Cardano & Bitcoin – Asian Wrap 04 September

Cryptocurrencies Price Prediction: Uniswap, Cardano & Bitcoin – Asian Wrap 04 September
FXStreet TeamFXStreet TeamFXStreet

Uniswap purchases rival PONS token for long-term alignment as both coins rally

Uniswap hovers around $6.30 at press time on Friday, extending a strong bullish phase. The pair has pushed well beyond the 50-, 100-, and 200-day Exponential Moving Averages (EMAs) near $4.2640, $3.9145, and $4.0034, respectively, suggesting a broadly supportive trend backdrop.

Cardano Price Forecast: Extends gains as whale accumulation and derivatives positioning fuel bullish bias

Cardano (ADA) extends its gains, trading above $0.224 on Friday, after retesting and finding support around a key support zone earlier this week. Improving derivatives positioning and accumulation by certain whale wallets are adding to the bullish sentiment, while strengthening momentum indicators suggest ADA could see further gains if the recovery continues.

Crypto Overview: Bitcoin clears $80,000 on reduced rate hike odds – Zcash, Ethena rise

Bitcoin trades above $80,762 at press time on Thursday, maintaining a bullish near-term bias after a 5% rise the previous day. The King Crypto holds well above the 50-, 100-, and 200-day Exponential Moving Averages (EMAs), which cluster between roughly $69,700 and $72,500. The pair is advancing toward the 78.6% Fibonacci retracement of the latest downswing from $97,924 to $57,800 at $87,476. A confirmed breakout above this zone could target the previous swing high at $97,924.

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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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