|

Cryptocurrencies Price Prediction: Uniwasp, Ethereum and Ripple – European Wrap 22 December

UNI Price Prediction: Uniswap is back in pennant, looking for a quick rally back to $6

Uniswap (UNI) price was able on Wednesday to stay back in the pennant that has been managing the price action since the beginning of December. More important was the re-entry above the green ascending trendline from June. Where plenty of cryptocurrencies are printing the worst performance, UNI is still on an uptrend since this summer, judging from the higher lows.

UNI

Ethereum could outshine Bitcoin in 2023 with massive growth in layer-2 transactions

Ethereum, the second largest cryptocurrency by market capitalization, witnessed massive growth in its ecosystem despite deflation in risk assets in 2022. Bloomberg strategists believe the altcoin is set to outshine the largest cryptocurrency, Bitcoin, in 2023. 

Ethereum is expected to outperform Bitcoin in 2023

SEC v. Ripple lawsuit update: Remittance network Ripple scores another small win in court

The US Securities and Exchange Commission (SEC) v. Ripple lawsuit dragged forward with a small win in favor of the remittance company. Judge Analisa Torres ruled in favor of payment giant Ripple, allowing the firm to redact documents submitted in connection with the Daubert Motion. 

Ripple

Author

More from FXStreet Team
Share:

Markets move fast. We move first.

Orange Juice Newsletter brings you expert driven insights - not headlines. Every day on your inbox.

By subscribing you agree to our Terms and conditions.

Editor's Picks

Crypto Today: Bitcoin, Ethereum, XRP trade under pressure amid mixed technical signals 

Bitcoin is trading above $90,000 at the time of writing on Tuesday amid sticky risk-off sentiment in the broader crypto market. Altcoins, including Ethereum and Ripple, are paring losses, holding above key support levels.

Bitcoin steadies above $90,000 as Fed rate-cut optimism lifts market sentiment

Bitcoin price holds above $90,000 on Tuesday after finding support around this key level. Firm expectations that the Fed will cut interest rates on Wednesday boosts investors' appetite for riskier assets such as BTC.

Pepe stalls as on-chain, derivatives data flash bullish signals

Pepe (PEPE) trades in the red on Tuesday after failing to secure a daily close above the $0.00000500 psychological level on Monday. The technical outlook remains mixed as the meme coin consolidates. 

Chainlink Price Forecast: LINK holds firm as reserves hit 16-month low

Chainlink price steadies near $13.70 on Tuesday, finding support around the key level. On-chain data signals bullish sentiment, as LINK exchange reserves fall to their lowest level since August 2024.

Orange Juice Newsletter – Smart insights by real people. Every day.

A free newsletter highlighting key market trends to help traders stay a step ahead. Daily insights on the most relevant trading topics, compiled by our experts in an easy-to-read format so you never miss an important move.

Crypto Today: Bitcoin, Ethereum, XRP pare gains despite increasing hopes of upcoming Fed rate cut

Bitcoin (BTC) is steadying above $91,000 at the time of writing on Friday. Resistance at $94,150 capped recovery on Wednesday, but in the meantime, bulls have contained downside risks above $90,000.