|

Cryptocurrencies Price Prediction: Uniswap, Filecoin & Binance Coin — Asian Wrap 15 March

Uniswap Price Prediction: A V-shaped rebound rally could send UNI 13%

Uniswap price (UNI) has been trading with a bullish bias since March 12, a correction influenced by traders flocking to the decentralized exchange (DEX) to trade USDC for other digital assets like UNI. The influx caused a massive surge in trading volume, contributing to a revenue increase while catalyzing a recovery rally. Traders exchanging USDC dominated almost 55% of the trade on Uniswap DEX. The uptrend was bolstered by the US Federal Reserve's announcement of a new bank lending facility, inspiring investors' confidence.

Filecoin price explodes by almost 18% following the launch of Filecoin Virtual Machine

Filecoin marked a new milestone in its roadmap as the blockchain launched its very own Virtual Machine on Tuesday, bringing about a crucial change to the network. Kicking in the final step in the “Filecoin Masterplan”, Filecoin Virtual Machine intends to bring large-scale computation and unlock open data economy for web3.

Binance Coin price tests monthly highs despite Binance suspending deposits and withdrawals in the UK

Binance Coin price has been following the broader market’s lead rising by nearly 10% in the span of 24 hours to trade above $318.

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

Bitcoin Weekly Forecast: BTC drops below $68,000 as oversold signal fails to stop sellers

Bitcoin corrects more than 7% so far this week, hitting an intraday low of $67,568 on Friday. Rising liquidations, continued ETF outflows, and weakening risk appetite are leaving BTC vulnerable to further downside.

Ripple risks losing $1.00 support as 24-hour liquidations hit $20 million

Ripple remains on edge, trading around $1.00 on Friday. The remittance token’s sharp decline has persisted since November 5, initially triggered by the $6.3 billion Binance hack and later accentuated by the US midterm elections.

Crypto Today: Bitcoin, Ethereum, XRP extend losses as bears tighten their grip

Bitcoin's (BTC) sell-off deepens on Friday, with the spot price below $69,000. The largest crypto by market capitalization leads the intense selling, with Ethereum (ETH) below $2,000 and Ripple (XRP) hovering just above $1.00.

Bitcoin just posted five straight losing weeks, and the storm may not be over yet

Bitcoin is struggling to find support, slipping below $70,000 as multiple headwinds threaten to push the Crypto King lower. The much-anticipated “Uptober” rally failed to materialize, with persistent selling pressure and widespread liquidations instead reinforcing the “Rektober” narrative.

Bitcoin: BTC drops below $68,000 as oversold signal fails to stop sellers
Bitcoin (BTC) extends its correction, falling more than 8% and hitting an intraday low of $67,568 on Friday. Despite oversold technical signals, selling pressure continues to intensify, with persistent Exchange Traded Funds (ETFs) outflows, leveraged liquidations and weakening risk appetite weighing on the Crypto King outlook.