|

Cryptocurrencies Price Prediction: UniSwap, SHIBA & DAO– American Wrap 8 February

Uniswap Price Prediction: The final attempt for gains

Uniswap is struggling to breach the $7 resistance zone, but it is finding ascending support in the process. A breakout from the consolidation will likely define the trend for weeks to come.

tm/uni2/8/22

Tron DAO establishes $100 million AI fund following ChatGPT and Google Bard hype

Tron had observed an increase in user base and capital over the last year following the launch of its stablecoin USDD at the time when Terra’s stablecoin collapsed. Now the blockchain is following its own footsteps to usher into the Artificial Intelligence (AI) space with its new fund.

Tron daily active accounts growth

The end approaches for Shiba Inu price, 20% crash in sight for SHIB holders

Expect a negative close for the week, as the list of tail risks for Shiba Inu only grow from here.

SHIBUSD daily 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

XRP extends breakout as ETF inflows, futures demand drive momentum

Ripple rises on Friday to trade above $1.40 as bulls aim for a continuation of the rally above $1.50. The remittance token is up by more than 12% on the day and over 40% since Monday, reinforcing the bullish outlook.

Bitcoin Weekly Forecast: The US Treasury saves BTC

Bitcoin extends gains, trading above $77,000 on Friday after rallying over 20% and reaching its highest level since mid-May. Crypto markets continue to cheer the US Treasury’s decision to double its debt buyback operations, posting their 7th-largest liquidation event in history.

Chainlink hits seven-month highs amid strong DeFi, institutional demand

Chainlink is up roughly 8% on Friday, pushing the price up over 20% so far this week into double digits. DeFi ecosystem records daily DEX volume of over $9 billion for three consecutive days as TVL rises to $84.76 billion.

Crypto Today: Bitcoin, Ethereum, XRP bulls accelerate rally amid rising ETF inflows

The cryptocurrency market remains bullish on Friday, led by Bitcoin’s surge above $77,000. Altcoins, including Ethereum and Ripple, mirror BTC’s positive outlook, trading near $2,400 and $1.35, respectively.

Bitcoin: The US Treasury saves BTC

Bitcoin extends gains, trading above $77,000 on Friday after rallying over 20% and reaching its highest level since mid-May. Crypto markets continue to cheer the US Treasury’s decision to double its debt buyback operations, posting their 7th-largest liquidation event in history.