Cryptocurrencies Price Prediction: Ethereum, Uniswap & Ripple – American Wrap 26 October
|Ethereum Price Prediction: ETH could retrace to $390 before the final rally to $500
After a massive rally towards $421, Ethereum is finally under a consolidation period. One of the largest farming pools, Harvest Finance, was hacked around eight hours ago. Attackers were able to steal close to $24 million in cryptos, making the token's price fall by more than 60% within a few hours. Ethereum seems to have been mildly affected by the incident losing some bullish momentum.
Uniswap Price Prediction: UNI flashes buy signal targeting $3.3 in the short-term
The price is currently right in the middle of the pattern. Bulls seem to have the upper hand after the TD Sequential indicator presented a buy signal on the 3-day chart. Uniswap looks ready for a rebound after weeks of downside action.
Ripple CEO takes the moral high ground around politics, while XRP struggles to break out
XRP is quickly losing market dominance after hitting a high of 3.08% on October 20. Currently, the digital asset has around 2.89% dominance, having lost approximately $700 million in market capitalization over the past four days. It’s unclear whether Garlinghouse’s comments will have any direct impact on the price of XRP.
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